151 E Commerce St - Freestanding FOR SALE


Hernando, MS 38632
$1,745,455 USD
601-942-0132
151 E Commerce St, Hernando, MS for Sale
$1,745,455 USD
Freestanding - FOR SALE
1/2
null | 5.5% Cap Rate

151 E Commerce St
Hernando, MS 38632


OVERVIEW

Brand-new 2024 Dunkin’ drive-thru in Hernando, MS, on busy East Commerce Street near I-55 and Kroger. 15-year NNN lease to the nation’s largest coffee and donut brand with 10% rent increases every 5 years after 10 years. Operated by a 45+ unit franchisee with 15+ years of experience. High-visibility location surrounded by national retailers (Walmart, Starbucks, Walgreens, Sonic). Strong 5-mile demographics with $98K+ average income and growing population.

FOR SALE DETAILS

PRICE

$1,745,455 USD

PRICE/SF

$646 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,700 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joel ReevesCannon Cleary McGrawMore Info
601-942-0132

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Joel ReevesCannon Cleary McGrawMore Info
601-942-0132

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