Burger King | Absolute NNN | 10% Rent Bumps | Memphis MSA
Fully passive absolute NNN Burger King backed by Carrols Corporation, the largest BK franchisee.
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Investment Overview – Burger King | Millington (Memphis MSA), TN
Presenting a stabilized Burger King absolute NNN lease located at 4663 Navy Road, Millington, TN, just outside Memphis in a dense retail corridor. This property offers a rare opportunity to acquire a long-term, passive income investment backed by Carrols Corporation, the largest Burger King operator in the U.S. with over 1,000 locations.
This site is ideally positioned near national tenants including Walmart, Kroger, McDonald’s, Walgreens, and Starbucks, benefiting from high visibility and traffic flow. With 10 years remaining on the original lease and 10% rent increases every 5 years, the asset provides built-in income growth and a reliable hedge against inflation.
Investment highlights
Investment Highlights – Burger King | Millington, TN
Corporate Tenant – Leased to Carrols Corporation, the largest Burger King franchisee in the U.S. with over 1,000 units
Absolute NNN Lease – Zero landlord responsibilities, ideal for passive investors
Strong Lease Term Remaining – Approximately 10 years left on the original lease with two (2) five-year renewal options
Attractive Rent Increases – 10% rent bumps every five years, including during option periods
Modern Construction – Fully rebuilt in 2016; updated prototype with long-term operational viability
Strategic Location – High-traffic corridor near Walmart, Kroger, McDonald’s, Starbucks, and Walgreens
Dense Surrounding Demographics – Located in the Memphis MSA with a strong consumer base and daily traffic
1031 Exchange Candidate – Stable, income-producing asset with built-in rent growth
Tax-Friendly State – Tennessee has no state income tax, enhancing net returns for investors
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