4307 N State St - Fast Food FOR SALE


Jackson, MS 39206- Fondren
$2,582,660 USD
901-827-8929
4307 N State St, Jackson, MS for Sale
$2,582,660 USD
Fast Food - FOR SALE
1/4
null | 5.95% Cap Rate

4307 N State St
Jackson, MS 39206
Fondren


HIGHLIGHTS

  • 11+ Years Remaining on Absolute Triple-Net (NNN) Lease
  • Annual Rental Increases of 1.25%
  • Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S.
  • Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units
  • Centrally Located Between Two Major Freeways, I-55 and I-220
  • Easily Accessible Location Along US-51, Offering a Direct Route to Downtown Jackson

OVERVIEW

Krystal is an American regional fast food restaurant chain headquartered in Dunwoody, Georgia, with restaurants in the Southeastern United States and Puerto Rico. It is known for its small, square hamburgers, called sliders in places other than the Southeast, with steamed-in onions. Krystal has expanded to 10 states with nearly 300 restaurants. The city of Jackson is the state capital of Mississippi, and is equidistant between New Orleans and Memphis. The Jackson metro consists of Copiah, Hinds, Madison, Rankin, Simpson and Yazoo counties.

FOR SALE DETAILS

PRICE

$2,582,660 USD

PRICE/SF

$1,299 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krystal - Corporate Abs NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

-

APN/PARCEL ID

0430-0037-000

ASK ABOUT THIS PROPERTY

William DavisMarcus & MillichapMore Info
901-827-8929

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William DavisMarcus & MillichapMore Info
901-827-8929

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