2505 Highway 80 W - Fast Food FOR SALE


Jackson, MS 39204
$1,296,000 USD
332-345-4222
2505 Highway 80 W, Jackson, MS for Sale
$1,296,000 USD
Fast Food - FOR SALE
1/2
null | 6.25% Cap Rate

2505 Highway 80 W
Jackson, MS 39204


HIGHLIGHTS

  • Long Term Triple-Net (NNN) Lease - The 15+ Year Lease will Have No Landlord Responsibilities
  • Attractive Rental Increases and Renewal Options
  • Compelling Location Fundamentals - Subject Property is Approximately 2-Miles from Downtown Jackson, MS

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Popeyes located at 2505 Hwy 80 West, Jackson, MS 39204. The site consists of roughly 2,382 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2019. The current annual rent is $81,000 and has scheduled increases of 1.00% Annually Starting Year 11.

FOR SALE DETAILS

PRICE

$1,296,000 USD

PRICE/SF

$544 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,610 SF

ZONING

-

APN/PARCEL ID

0220-0013-004

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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