Burger King NNN Property For Sale — Waverly, TN · 3,492 SF
Waverly, TN
Prime opportunity to acquire a single-tenant Absolute NNN Burger King property located in Waverly, Tennessee. Constructed in 2018, the 3,492-square-foot quick-service restaurant sits on an expansive 1.04-acre parcel. The property features a long-term, 20-year lease with zero landlord responsibilities and attractive 10% rental increases every 5 years, providing an excellent hedge against inflation and a secure, passive income stream.
- Address: Waverly, TN
- Asking price $2.00M
- 6.00% cap rate
- NOI $120,000
- 20 years remaining
- NNN lease
- Year built: 2018
- Building size: 3,492 SF
- Lot size: 1.04 acres
- Rent increases: 10% increase every 5 years
- Guarantor: Corporate
Location
This Burger King property is in Waverly, Tennessee.
Asset type: QSR