5806 Terry Rd - Restaurant FOR SALE
Byram, MS 39272 |
$3,200,000 USD
332-345-4222
5806 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 Pizza/JJB Tacos.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Moe’s & Pizza Hut located at 5806 Terry Road, Byram, MS 39272. The site consists of roughly 3,900 rentable square feet of building space on an estimated 0.6-acre parcel of land. 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 $200,000 and has scheduled increases of 10.00% every 5 years.
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$821 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
2023
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,136 SF
ZONING
-
APN/PARCEL ID
0023-9000-000
ASK ABOUT THIS PROPERTY
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332-345-4222
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332-345-4222
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