About This Restaurant
Investment Highlights
New 20-Year Ground Lease with 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew Part of a Massive 100+ Acre Mixed Use Development with a Proposed 2 Mile Trail that will Connect 23,000 Homes to this Development Unlike Most Coffee Chains, 7 Brew?s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue Located on Lakeland Dr (38,000+ VPD), the Main East-West Corridor of Flowood that Leads into Jackson One of the Fastest Growing Areas in the State of Mississippi, & 1,3,5 Mile Radius Average HH Income is Over $115,000 Flowood | 5 Miles from Jackson | Population: 157,026+
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 510
- Year Built 2023
- Price 1,923,000
- Price Per SF 3,771
- Cap Rate 6.50
- NOI 125,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.01
- Land Acres 1.16 AC
Nearby Amenities & Transportation
Retail | Fit Body Boot Camp | ||
Retail | Wingstop | ||
Retail | Cadence Bank | ||
Retail | Aldi | ||
Retail | Bankplus | ||
Retail | Waffle House | ||
Retail | Anytime Fitness | ||
Retail | Kroger | ||
Retail | Regions Bank | ||
Retail | CrossFit |
Property Taxes
Parcel Number | H11 000029 00060 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $124,514 |
Date Created: | 2024-07-16 04:16:22 | Last Updated: | 2024-07-16 04:16:22 |
Address: | 137 Pineview dr , Flowood, Mississippi, 39232 |