About This Restaurant
Investment Highlights
7 Year NNN Lease with 2% Increases Each Year I 55 visibility. 100 ft I55 pylon sign. surface parking
Executive Summary
Fully occupied retail tenant with 4,856 sf and on (Lot 3C) a 1 acre site. Site has a 100 ft Interstate Pylon sign and site has Interstate 55 visibility. Sits in front of Home Depot, Honda dealership and Stribling Equipment. Built in 2015 and Renovated in 2022.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bank General Retail Drugstore General Retail Storefront Restaurant
- Building Size 4,856
- Building Class C
- Year Built/Renovated 2015/2022
- Price 1,375,000
- Price Per SF 283
- Cap Rate 6
- NOI 82,552
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.98 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Freeway Visibility
- Restaurant
- Signage
Property Taxes
| Parcel Number | B77-14-2-021.04 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $65,700 |
| Date Created: | 2024-07-16 04:16:22 | Last Updated: | 2024-07-16 04:16:22 |
| Address: | 106 Stribling Dr , Brookhaven, Mississippi, 39601 | ||