Absolute Net Ground Lease for Sale.
5091 Park Avenue, fully leased Back Yard Burgers, for sale. Lease is absolute net with no landlord responsibilities. Base term ends 11/30/2035 with below-market rent. Renewal option for an additional 5-year term with 120 days' notice to landlords.
Please see full Offering Memorandum for full details.
Listed By
Agency Name: Crye-Leike Real Estate Services
Agent Name: Cathy Anderson, CCIM
Agency Phone: (901) 282-6312
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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| MLS# 189817517
This commercial property located at , , is currently listed for sale by Crye-Leike Real Estate Services , with an asking price of 1,200,000.