About This Restaurant
Investment Highlights
Brand New 20-Year Ground Lease With (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years Greatly Benefits from 3-Mile Proximity from Jackson-Medgar Wiley Evers International Airport ? #1 Airport in the State 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M High Visibility & Easily Accessible Along U.S. Route 80/West Government Street (25,500 VPD) Strong Demographics ? Nearly 70k People Live Within 5 Miles of Property & Average HH Income is $104,156 Pearl | Suburb of Jackson, MS ? The State?s Capital | Population: 27,682+
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 510
- Year Built 2023
- Price 1,769,500
- Price Per SF 3,470
- Cap Rate 6.50
- NOI 115,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.36 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.
| Date Created: | 2024-07-16 04:16:22 | Last Updated: | 2024-07-16 04:16:22 |
| Address: | 5270 US-80 , Pearl, Mississippi, 39208 | ||