105 Edgewood Dr - Freestanding FOR SALE


Mccomb, MS 39648
$1,851,000 USD
415-481-0788
105 Edgewood Dr, Mccomb, MS for Sale
$1,851,000 USD
Freestanding - FOR SALE
1/6
null | 6.35% Cap Rate

105 Edgewood Dr
Mccomb, MS 39648


HIGHLIGHTS

  • 10-year corporate net lease to Starbucks Corporation
  • 10% fixed rental increases every five years in initial term and 8% increases in option periods
  • Investment grade tenant, rated “BBB+” by Standard & Poor’s
  • New high-quality 2023 construction built to latest Starbucks prototype
  • Site features a drive-thru and patio seating for added customer convenience
  • Directly adjacent to a Walmart Supercenter, allowing the site to capture significant crossover shopping opportunities

OVERVIEW

High-visibility and easily accessible location along State Route 570/Veterans Boulevard, a major east-west McComb thoroughfare traversing the entirety of the city (12,000 AADT) Trophy setting with immediate access to Interstate 55, which connects to New Orleans, Louisiana and will allow the site to capture significant commuter traffic (29,000 AADT) Infill location outparcel to Uptown McComb, McComb’s premier shopping center featuring 236,000+ SF of retail space, six current anchor tenants, and 45 total stores Neighbored by a Chick-fil-A featuring a dedicated dual-lane drive-thru Directly adjacent to a Walmart Supercenter, allowing the site to capture significant crossover shopping opportunities Beneficial proximity to major national retailers such as Lowe’s Home Improvement, McDonald’s, Applebee’s Grill + Bar, Arby’s, Zaxby’s, Golden Corral Buffet & Grill, and more 48,372 residents live within fifteen miles of the property, providing a large and stable customer base for the site Projected income increases within 5-, 10-, and 15-mile radii over the next five years poise Starbucks and McComb for steady concurrent growth One mile from Southwest Mississippi Regional Medical Center (160 beds, 742 employees) Common gateway to Baton Rouge and New Orleans, allowing the site to capture long-haul and commuter traffic

FOR SALE DETAILS

PRICE

$1,851,000 USD

PRICE/SF

$841 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,630 SF

ZONING

-

APN/PARCEL ID

592901-B

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.