316 Stribling Ln - Restaurant FOR SALE


Brandon, MS 39042
$3,360,000 USD
332-345-4222
316 Stribling Ln, Brandon, MS for Sale
$3,360,000 USD
Restaurant - FOR SALE
1/2
null | 6.25% Cap Rate

316 Stribling Ln
Brandon, MS 39042


HIGHLIGHTS

  • 15-Year Absolute Triple Net (NNN) Lease
  • Attractive Rent Increases The lease will feature scheduled increases of 10% Every 5 Years.
  • Strong Franchisee Guarantee The lease will feature an excellent guarantee from JJB Brands.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Moe’s & Pizza Hut located at 316 Stribling Lane, Brandon, MS 39042. This Moe’s & Pizza Hut is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $210,000 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$3,360,000 USD

PRICE/SF

$862 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moe's & Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

41,105 SF

ZONING

-

APN/PARCEL ID

H08M000002 00130

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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