954 Main St - Fast Food FOR SALE


Southaven, MS 38671
$499,000 USD
901-833-8000
954 Main St, Southaven, MS for Sale
$499,000 USD
Fast Food - FOR SALE
1/9
null | 4.89% Cap Rate

954 Main St
Southaven, MS 38671


HIGHLIGHTS

  • Traffic Count averages 23,000 cars a day
  • Modified Gross Lease for Three-Year Tenant
  • Tenant Recently Updated and Improved Space!
  • Quick Service Restaurant for Investment Opportunity!
  • Great Location!

OVERVIEW

Our experienced commercial real estate team is happy to present a great investment opportunity with a three-year modified gross lease that ends December 31, 2023. This space is located on Main Street on the border of Memphis and Southaven. Just a block from Interstate 55, this location offers a drive-thru, thirty parking spaces, commercial kitchen, and it has recently been renovated by the current tenant. If you are looking for a great investment opportunity, give us a call today!

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

4.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-3

APN/PARCEL ID

1086130000002701

ASK ABOUT THIS PROPERTY

Rhodes ThompsonKW CommercialMore Info
901-833-8000

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Rhodes ThompsonKW CommercialMore Info
901-833-8000

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