509 S Gloster St - Fast Food FOR SALE


Tupelo, MS 38801
$1,285,000 USD
248-702-0288
509 S Gloster St, Tupelo, MS for Sale
$1,285,000 USD
Fast Food - FOR SALE
1/1
null | 7% Cap Rate

509 S Gloster St
Tupelo, MS 38801


HIGHLIGHTS

  • Proven Operator with Over 30 Year of Experience in the Industry.
  • Excellent Visibility with Frontage and Signage Along Hwy 278 Which Has daily traffic counts exceeding 13,400 vehicles.
  • Situated Within a Retail Corridor and Surrounded by National Retailers Including AutoZone, Jimmy John's, McDonald's, Subway, Taco Bell and Wendy's.
  • Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window.
  • Checkers and Rally's Operate Over 820 Locations in 28 States.

OVERVIEW

Absolute NNN Lease | Zero Landlord Responsibilities. 25-Year Sale Leaseback Commencing at Close of Escrow. Brand New Site Equipped with Outdoor Patio.

FOR SALE DETAILS

PRICE

$1,285,000 USD

PRICE/SF

$1,313 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Checkers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,057 SF

ZONING

-

APN/PARCEL ID

113A-06-007-00

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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