Jr. Fish & Chicken
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PROPERTY ADDRESS
5860 Winchester Rd., Memphis, TN 38115
PROPERTY INFORMATION
Price:
$550,000
Cap Rate:
10.50%
Term Remaining:
5 Years
Status:
Closed
INVESTMENT SUMMARY
– Roughly 120k Spent in Interior/Exterior Renovation Before Lease Execution
– All Updates/Improvements Paid For By Tenant in 2011 | Site Commitment
– Multi-Unit Operator with Regional Experience in Memphis Market
– Personal Guarantee with 6+ Years Remaining on Primary Term
– Five Year Option Period Features Market Rent Increase