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- LoopNet Team
1445 W Peace St
Canton, MS 39046
20-Yr NNN Burger King GroundLease | 15k VPD · Retail Property For Sale
Investment Highlights
- 20-Year Absolute NNN Ground Lease | Operated by GPS Hospitality - One of the Largest Burger King Franchisees in the Country
- 15,000 AADT Directly in Front of the Location Along West Peace Street
- 2019 Construction with Dual-Drive Thru | Built to Latest Burger King Prototype
- 52,701 Residents Within a Ten-Mile Radius of the Property with an Average Household Income of $97,192
- Five Miles from the Largest Employer in Canton and Second Largest Employer in Mississippi, Nissan North America (6,400 Employees)
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
About 1445 W Peace St , Canton, MS 39046
The property has an easily accessible location along West Peace Street (Mississippi Highway 22), a prominent east-west Mississippi thoroughfare serving Madison County. The location maintains excellent visibility and access to 20,000 vehicles per day directly in front of the property. The site is also visible from nearby Interstate 55, which experiences a high traffic count of 32,000 AADT. The property benefits from its central location in a highly populated and affluent area, with 52,701 residents with an average household income of $97,192 living within a ten-mile radius of the location. The property is primed to grow along with the surrounding area, with a projected 20 percent average annual household income increase within three miles of the site in the next five years. The site benefits from its location near large employers, retailers, and community hubs. The property is five miles from the largest employer in Canton and second largest employer in Mississippi, Nissan North America (6,400 employees). Traffic to the site is increased by its proximity to a strong mix of well-established national retailers, including McDonald’s, Wendy’s, Walmart Supercenter, Shell, Popeyes, Sonic Drive-In, Pizza Hut, and many more. The site experiences increased traffic from its location in the Canton School District, as the property resides within five miles of Canton High School (838 students), McNeal Elementary School (562 students), Canton Elementary School (427 students), and Nichols Middle School (369 students). The property is also within walking distance of eight hotels, increasing foot traffic to the site.
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PROPERTY TAXES
Parcel Number | 092F-23C-004-04-00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $6,380 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 19218666
Date on Market: 4/14/2020
Last Updated:
Address: 1445 W Peace St, Canton, MS 39046
The Retail Property at 1445 W Peace St, Canton, MS 39046 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.