200 S City Ave - Restaurant FOR SALE
Ripley, MS 38663 |
$1,610,000 USD
310-853-1266
200 S City Ave
Ripley, MS 38663
HIGHLIGHTS
- This property is offered under an Absolute Triple Net (NNN) Lease, meaning the landlord has no responsibilities for the roof, structure, parking lot.
- Jack’s has demonstrated a proven concept and long-term success, with zero store closings over the past 20 years.
- The lease is backed by a strong corporate guarantee from a platform operating more than 270 locations across four states.
- The property was developed as a build-to-suit in 2021 and features a modern prototype design with a drive-thru to support increased throughput.
- The site is positioned on a hard corner at a signalized intersection, offering excellent visibility & access at E Walnut Street, which sees 2,951 VPD.
- The property is located within a dense retail corridor alongside national and regional brands such as Walmart, AutoZone, McDonald’s, CVS, and more.
OVERVIEW
Sands Investment Group is pleased to present exclusively for sale the 3,716 SF Jack’s located at 200 City Avenue S in Ripley, Mississippi. This opportunity includes an Absolute Triple Net (NNN) Lease providing for no landlord responsibilities, with a long-term store success rate and zero store closings in 20 years, creating a unique investment opportunity.
In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616
FOR SALE DETAILS
PRICE
$1,610,000 USD
PRICE/SF
$433 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jack's - Ripley, MS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.26 AC
LAND SF
55,053 SF
ZONING
-
APN/PARCEL ID
3-643G-13-050.00
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310-853-1266
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310-853-1266
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