3198 W Northside Dr - Fast Food FOR SALE


Jackson, MS 39213- North Jackson
$886,902 USD
818-802-2627
3198 W Northside Dr, Jackson, MS for Sale
$886,902 USD
Fast Food - FOR SALE
1/5
null | 7.75% Cap Rate

3198 W Northside Dr
Jackson, MS 39213
North Jackson


HIGHLIGHTS

  • 7.75% Cap Rate | $886,902 Asking Price
  • Experienced Multi-Unit Franchisee – Operated by FMI Group, which owns/operates 400+ restaurant locations nationally
  • Three 5-Year Renewal Options with 7% increases, offering the potential for up to 15 additional years of tenancy.
  • Absolute NNN Structure – Passive Ownership
  • Located Within an Established Jackson Retail Trade Area and Along the I-220

OVERVIEW

NAI Capital, as Exclusive Advisor, is pleased to present the opportunity to acquire the fee simple interest in the KFC located at 3198 W Northside Drive in Jackson, Mississippi. The offering features a freestanding ±3,082 SF drive-thru restaurant leased on an absolute NNN basis, providing investors with a passive ownership structure with the tenant responsible for substantially all property-level operating expenses. The property is leased to Franchise Management Investors US, LLC and operated by FMI Group, an experienced multi-unit franchisee with more than 400 restaurant locations across several nationally recognized concepts. The lease includes contractual 7% rent increases every five years and three additional five-year renewal options, offering built-in rental growth and potential long-term income stability. The property is positioned along W Northside Drive within an established Jackson commercial corridor and benefits from a freestanding drive-thru configuration, recognizable national branding and convenient access serving surrounding residential neighborhoods and daily consumer traffic.

FOR SALE DETAILS

PRICE

$886,902 USD

PRICE/SF

$288 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC Drive Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

0731-0009-003

ASK ABOUT THIS PROPERTY

Chris JacksonNAI CapitalMore Info
818-802-2627

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

Chris JacksonNAI CapitalMore Info
818-802-2627

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