5804 Terry Rd - Fast Food FOR SALE


Byram, MS 39272
$1,250,000 USD
332-345-4222
5804 Terry Rd, Byram, MS for Sale
$1,250,000 USD
Fast Food - FOR SALE
1/2
null | 6.25% Cap Rate

5804 Terry Rd
Byram, MS 39272


HIGHLIGHTS

  • 15-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 15-year absolute triple net 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 Burgers.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Rally's located at 5804 Terry Road, Byram, MS 39272. This Rally's is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $78,125 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,042 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rally's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,808 SF

ZONING

-

APN/PARCEL ID

0023-9000-000

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.