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
Shown By
Agent Name: Morristown Office
Agent Phone: (423) 586-4115
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5091 Park Avenue | MLS# 189817517
This commercial property located at 5091 Park Avenue, Memphis, TN 38117 is currently listed for sale by Crye-Leike Real Estate Services , with an asking price of 1,200,000. Search Memphis real estate on morristown.easttnliving.net today.