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1207 S Second St
Booneville, MS 38829
Burger King Sale-Leaseback · Retail Property For Sale
PROPERTY FACTS
About 1207 S Second St , Booneville, MS 38829
Marcus & Millichap is pleased to present the exclusive listing for the Burger King located at 1207 N 2nd St Booneville, Mississippi. This location was newly constructed in 2016. The property is 2,866 rentable square feet and is situated on a 1.00 acre lot. This Burger King is subject to a 20-year triple-net (NNN), sale-leaseback with Cambridge Franchise Group ( CFG ), a 115-Unit Burger King operator. The lease will commence upon close of escrow and the base annual rent will be $139,639. The lease calls for 7.50% rental increases every five years during the base term and continuing through the four, five-year tenant renewal options. This Burger King is located at 1207 North Second Street in Booneville, Mississippi. Booneville is the county seat of Prentiss County. It is also one of 21 certified Mississippi retirement cities.
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PROPERTY TAXES
Parcel Number | 060213-04-00800 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $43,556 |
PROPERTY TAXES
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Listing ID: 6557348
Date on Market: 3/31/2017
Last Updated:
Address: 1207 S Second St, Booneville, MS 38829
The Retail Property at 1207 S Second St, Booneville, MS 38829 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.