109 Pineview Dr - Fast Food FOR SALE


Flowood, MS 39232
$2,500,000 USD
949-506-2009
109 Pineview Dr, Flowood, MS for Sale
$2,500,000 USD
Fast Food - FOR SALE
1/9
null | 6% Cap Rate

109 Pineview Dr
Flowood, MS 39232


HIGHLIGHTS

  • Brand New 15-Year SLB | Rental Growth | Options to Extend | Strong Store Performance
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Nearby Kroger & Walmart Anchored Shopping Centers | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Small Sliders investment property located in Flowood, Mississippi. The tenant recently signed a brand new 15-year lease with multiple options to extend, along with a personal guaranty, underscoring their long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing a reliable hedge against inflation and steady NOI growth. With an absolute NNN lease structure, the tenant is responsible for CAM, taxes, insurance, and all maintenance, offering investors a truly passive, management-free opportunity ideal for out-of-state ownership. The subject property is strategically located directly on Highway 25, which sees approximately 35,800 vehicles per day, providing excellent visibility and easy access for both local and regional consumers. Positioned between Kroger- and Walmart-anchored shopping centers, the property benefits from a dense retail corridor that includes high-profile national and credit tenants such as ALDI, Taco Bell, Burger King, Valvoline, Tractor Supply, Walgreens, and more. The 5-mile trade area surrounding the property is robust, with over 57,405 residents and 21,710 employees, and an average household income of $119,666. This combination of strong population, workforce, and household income supports both daytime and evening traffic, while the property’s prime positioning in the heart of a high-performing retail corridor ensures continued consumer engagement. The site is already tracking well above the national Small Sliders average, demonstrating strong operational metrics and confirming its status as a top-performing location within the brand. With long-term lease security, built-in rental growth, and a strategic location, this asset represents an ideal, low-maintenance investment for a passive or out-of-state investor.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$3,125 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smalls Sliders | New 15-Yr Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C-3

APN/PARCEL ID

H11 000048 00010

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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