Burger King NNN Property For Sale — Ripley, MS · 2,973 SF
Ripley, MS
Investment opportunity to acquire an absolute NNN Burger King property located in Ripley, Mississippi. Constructed in 2016, the 2,973-square-foot building is leased on a long-term corporate absolute net lease with approximately 11.2 years remaining on the primary term. The lease features attractive rental increases of 7.5% every five years throughout the initial term and the four 5-year renewal options, providing a reliable hedge against inflation with zero landlord responsibilities.
- Address: Ripley, MS
- Asking price $2.40M
- 6.33% cap rate
- NOI $151,844
- 11.2 years remaining
- NNN lease
- Year built: 2016
- Building size: 2,973 SF
- Rent increases: 7.5% every 5 years through four 5-year options
- Guarantor: Corporate
Location
This Burger King property is in Ripley, Mississippi.
Asset type: QSR