Danver’s Restaurant

7406 Hacks Cross Road - Olive Branch Mississippi 38654

LTV (Loan to Value)	65.00%	Current NOI	$12,900,000.00
Interest Rate	4.250%	Capital Rate	8.000%
Fixed Term	10 Years	Land Area	+/- 44,506 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$1,048,125.00	Property Type	Retail
Payment	$5,678.09	Property Lease	Food Service
Bulding Size	0 SF	Remaining Terms	11.75 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, the opportunity to purchase a Danver’s Restaurant located in Olive Branch, MS. Olive Branch is a suburb of Memphis, TN and one of the most diverse economies in the nation, thanks to a wide variety of industrial and distribution employers.Danver’s Restaurant is an excellent local and regional tenant with a long successful history in the Memphis area.

Highlights

The property has an 11 year lease term with Danver’s Restaurant, a proven operator with 5 locations in the Memphis…

Property Description

Olive Branch is a city in DeSoto County, Mississippi. The population was 33,484 at the 2010 census. Olive Branch is a suburb of Memphis, Tennessee and is part of the Memphis Metropolitan Statistical Area. Olive Branch boasts one of the most diverse economies in the nation, thanks to a wide variety of industrial and distribution employers. The industrial revolution of Olive Branch began in 1971 when a site just a couple of miles from downtown was chosen as the home of Holiday Inn University and Conference Center.