About This Restaurant
Investment Highlights
Corporately guaranteed by all 250+ Jack?s locations Extremely conservative rent to sales ratio | Brand new, high quality construction Large site with double drive-through and truck parking ?Built-in? credit enhancement - Jack?s is growing by approximately 20 new locations per year Minutes from Memphis International Airport Irreplaceable location near national retailers and distribution centers such as McDonald?s, Popeyes, Pizza Hut, TJ Maxx, Nike, Amazon & Yeti
Executive Summary
Property Details
- Sale Type Investment NNN
- Sale Condition Sale Leaseback
- Property Type Retail
- Property Subtype Fast Food
- Building Size 3,572
- Building Class B
- Year Built 2024
- Price 1,739,130
- Price Per SF 487
- Cap Rate 5.75
- NOI 100,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 1.68 AC
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 07-3102-0-0120 | Improvements Assessment | $108,960 |
| Land Assessment | $51,440 | Total Assessment | $160,400 |
| Date Created: | 2024-07-16 04:23:37 | Last Updated: | 2024-07-16 04:23:37 |
| Address: | 3770 E Shelby Dr , Memphis, Tennessee, 38118 | ||