Popeyes | 1720 Carson Dr
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Popeyes 1720 Carson Dr
2,823 SF Retail Building Yazoo City, MS 39194 $2,735,000 ($969/SF) 6.01% Cap Rate
Investment Highlights
- Strong Location for a Leading QSR Brand
- Located In the Primary Retail Corridor
- Top Popeyes Franchisee
- Award Winning Location
- New, 20-Year Absolute NNN Lease
Executive Summary
Available separately or as part of a 13-unit portfolio of Popeyes properties. Inquire for details.
Northmarq is pleased to offer for sale the fee simple interest in this Popeyes property located in Yazoo City, Mississippi. The offering consists of a 2,823-square-foot freestanding building on 1.60 acres of land. The tenant, High Noon Restaurant Group, is operating under a new 20-year absolute NNN lease with zero landlord operating responsibilities. The lease features 10% rental escalations every 5 years throughout the base term and options. See Lease Abstract for full details.
In Association With Jeff Mckinney, MS Lic. #B015504
Northmarq is pleased to offer for sale the fee simple interest in this Popeyes property located in Yazoo City, Mississippi. The offering consists of a 2,823-square-foot freestanding building on 1.60 acres of land. The tenant, High Noon Restaurant Group, is operating under a new 20-year absolute NNN lease with zero landlord operating responsibilities. The lease features 10% rental escalations every 5 years throughout the base term and options. See Lease Abstract for full details.
In Association With Jeff Mckinney, MS Lic. #B015504
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,823 SF
Building Class
C
Year Built
2014
Price
$2,735,000
Price Per SF
$969
Cap Rate
6.01%
NOI
$164,413
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.60 AC
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3-275Q-22-230.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $74,808 |
PROPERTY TAXES
Parcel Number
3-275Q-22-230.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$74,808
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Popeyes | 1720 Carson Dr
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