1720 Carson Dr - Freestanding FOR SALE


Yazoo City, MS 39194
$2,735,000 USD
415-610-5230
1720 Carson Dr, Yazoo City, MS for Sale
$2,735,000 USD
Freestanding - FOR SALE
1/1
null | 6.01% Cap Rate

1720 Carson Dr
Yazoo City, MS 39194


HIGHLIGHTS

  • Strong Location for a Leading QSR Brand
  • Award Winning Location
  • Located In the Primary Retail Corridor
  • New, 20-Year Absolute NNN Lease
  • Top Popeyes Franchisee

OVERVIEW

Available separately or as part of a 13-unit portfolio of Popeyes properties. Inquire for details. Northmarq is pleased to offer for sale the fee simple interest in this Popeyes property located in Yazoo City, Mississippi. The offering consists of a 2,823-square-foot freestanding building on 1.60 acres of land. The tenant, High Noon Restaurant Group, is operating under a new 20-year absolute NNN lease with zero landlord operating responsibilities. The lease features 10% rental escalations every 5 years throughout the base term and options. See Lease Abstract for full details. In Association With Jeff Mckinney, MS Lic. #B015504

FOR SALE DETAILS

PRICE

$2,735,000 USD

PRICE/SF

$969 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

3-275Q-22-230.00

ASK ABOUT THIS PROPERTY

Chris LomutoNoneMore Info
415-610-5230

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

Chris LomutoNoneMore Info
415-610-5230

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