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Jack’s Family Restaurants 1317 Sunset Dr

3,572 SF Retail Building Grenada, MS 38901 $1,550,000 ($434/SF) 6% Cap Rate

Retail Space Mississippi Grenada 1317 Sunset Dr, Grenada, MS 38901

Investment Highlights

  • “Built-in” credit enhancement - Jack’s is growing by approximately 20 new locations per year
  • Situated off of Sunset Drive with over 21,000 passing vehicles per day near downtown Grenada in the main retail corridor
  • Brand new, high quality construction
  • Nearby national tenants include Walmart, Walgreens, Taco Bell AutoZone, Dollar Tree, AT&T, and the UPS Store, among others

Executive Summary

Corporately guaranteed by all 250+ Jack’s locations

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,572 SF
Building Class
C
Year Built
2024
Price
$1,550,000
Price Per SF
$434
Cap Rate
6%
NOI
$93,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.18 AC
Parking
50 Spaces (14 Spaces per 1,000 SF Leased)
Frontage
122 FT on Sunset Dr

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning
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1317 Sunset Dr, Grenada, MS - aerial map view - Image1
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Nearby Major Retailers

Regions Bank
Anytime Fitness
1st Heritage Credit
Renasant Bank
Snap Fitness 24/7
Title Cash
Shoney’s
Bankplus
Applebee's
Western Sizzlin

PROPERTY TAXES

Parcel Number 096W-13-170.01 Improvements Assessment $87,733
Land Assessment $45,000 Total Assessment $132,733

PROPERTY TAXES

Parcel Number
096W-13-170.01
Land Assessment
$45,000
Improvements Assessment
$87,733
Total Assessment
$132,733
(256) 694-9803

Contacts

  • Listing ID: 32780864

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 1317 Sunset Dr, Grenada, MS 38901

More public record information on 1317 Sunset Dr, Grenada, MS 38901

The Retail Property at 1317 Sunset Dr, Grenada, MS 38901 is currently available for sale. Contact Stream Capital Partners for more information.

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Jack’s Family Restaurants | 1317 Sunset Dr
(256) 694-9803 x

Jack’s Family Restaurants | 1317 Sunset Dr

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Adam English

(256) 694-9803

(256) 694-9803

Adam Baxter

(205) 394-3520

(205) 394-3520

Jordan Williams

(205) 209-5671

(205) 209-5671

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