6736 Highway 63 - Restaurant FOR SALE


Moss Point, MS 39563
$2,478,000 USD
646-805-1438
6736 Highway 63, Moss Point, MS for Sale
$2,478,000 USD
Restaurant - FOR SALE
1/4
null | 6.67% Cap Rate

6736 Highway 63
Moss Point, MS 39563


HIGHLIGHTS

  • 11+ Years Remaining | Options To Extend | Additional Income Above NOI | CPI-Based Rental Increases (10% Max)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Highway Retail Corridor | Strong Tenant Synergy
  • Just Off Interstate 10 (42,000 VPD) | Regional Connectivity

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased investment property located in Moss Point, Mississippi. The property offers more than 11 years of remaining primary lease term with four (4) 5-year renewal options, providing stable, long-term contractual income and extension potential. The lease features rental increases every 5 years throughout the primary term and at the start of each option period based on two times the increase in the Consumer Price Index (CPI), subject to a maximum increase of 10% (with no decreases), supporting long-term NOI growth while providing a hedge against inflation. Additionally, the tenant is paying an additional $17,736 annually ($1,478 per month) in deferred rent from March 2026 through February 2028, providing supplemental income above the underwritten NOI. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive or out-of-state investor.

FOR SALE DETAILS

PRICE

$2,478,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ruby Tuesday | 11+yrs Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

C3

APN/PARCEL ID

2-01-18-111.020,2-01-18-111.030

ASK ABOUT THIS PROPERTY

Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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Michael GrunbergSRS National Net LeaseMore Info
646-805-1438

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