HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance associated with the property, p
- Recent Lease Extension – Burger King recently extended their lease early for an additional 10 years, showing their commitment to this location. They h
- Franchisee Operated – Operated by GPS Hospitality, LLC, which operates nearly 400 restaurants in 13 different states across the country. GPS was also
- Four, 5-Year Options Remain – The Current lease expires in June of 2035, and the tenant has Four (4) Five year lease extension options.
- Retail Synergy – The site is located on the main retail artery and thoroughfare in Jackson, MS. Burger King joins CVS, Walgreens, Western Union Bank,
- 1 Mile from I-55 – The site is located 1 mile from I-55, which sees over 105,000 Vehicles Per Day, and Meadowbrook Rd. sees over 11,000 Vehicles per d
FOR SALE DETAILS
PRICE
$1,238,461 USD
PRICE/SF
$354 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.45 AC
LAND SF
19,814 SF
ZONING
-
APN/PARCEL ID
0430-0020-002
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615-667-0160
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615-667-0160
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