The Boulder Group is pleased to exclusively market for sale a single tenant net leased Frito-Lay distribution facility positioned within the Jackson MSA in Vicksburg, Mississippi. The property was recently constructed in early 2025 and features a new 10-year lease through March 2035. The subject lease contains 2% annual rental escalations. Frito-Lay is a wholly owned subsidiary of PepsiCo, an investment grade company (Standard & Poor’s: A+).
The 5,968-square-foot building is situated along Halls Ferry Road, offering quick and easy access to Interstate 20. With more than 42,000 vehicles passing daily, this major highway connects Vicksburg to key regional markets, including Jackson, Birmingham, and Shreveport. The property is next to the 600-acre Coastal and Hydraulic Laboratory facility operated by the U.S. Army Corps of Engineers. The campus houses four of the Engineer Research and Development Center’s (ERDC) seven laboratories, including the CHL, as well as various research facilities, administrative buildings, and testing grounds. Additionally, over 39,000 people reside within a ten-mile radius, and the average household income within three miles exceeds $93,000.
Frito-Lay, a subsidiary of PepsiCo, is the leading manufacturer and distributor of snack foods in the United States, known for its iconic brands such as Lay’s, Doritos, Cheetos, Tostitos, Fritos, and Ruffles. Headquartered in Plano, Texas, Frito-Lay operates a vast production and distribution network, with more than 30 manufacturing facilities and 200 distribution centers across North America. The company’s extensive supply chain ensures efficient delivery to grocery stores, convenience stores, and retail chains nationwide. PepsiCo, with a strong investment-grade credit rating of A+ (S&P), supports Frito-Lay’s industry leadership. Frito-Lay dominates over 60% of the U.S. chip market, far outpacing its closest competitor, which controls only 10-15%. Frito-Lay operates the largest Direct Store Delivery system in North America, supported by one of the largest private fleets in the U.S., with 23,000 vehicles, 15,000 delivery routes, and approximately 315,000 customers.