Burger King NNN Property For Sale — Ripley, MS
unknown, Ripley, MS unknown
This Burger King NNN (triple net lease) property is located in Ripley, MS and represents an excellent investment opportunity for commercial real estate investors. The property features 2600 square feet of building space and was built in 2016. With a cap rate of 6.0%, this Burger King net lease property offers stable income potential. The asking price is $2,530,733, making it an attractive option for investors seeking quality commercial properties. This property provides predictable cash flow with minimal landlord responsibilities. Burger King is a nationally recognized brand with proven operational success. This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes. The tenant is responsible for property taxes, insurance, and maintenance, redu…
- Address: unknown, Ripley, MS unknown
- Asking price $2.53M
- 6.00% cap rate
- NOI $151,844
- 11.8 years remaining
- NNN lease
- Year built: 2016
- Building size: 2,600 SF
- Lot size: 1.15 acres
- Lease expiration: Oct 31, 2037
- Rent increases: 7.5% every 5 years
- Guarantor: Corporate
Location
This Burger King property is at unknown in Ripley, Mississippi.
Asset type: Retail / QSR/Fast Food