Popeyes | 2505 Highway 80 W
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Popeyes 2505 Highway 80 W
2,382 SF Retail Building Jackson, MS 39204 $1,296,000 ($544/SF) 6.25% Cap Rate
Investment Highlights
- Long Term Triple-Net (NNN) Lease - The 15+ Year Lease will Have No Landlord Responsibilities
- Compelling Location Fundamentals - Subject Property is Approximately 2-Miles from Downtown Jackson, MS
- Attractive Rental Increases and Renewal Options
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Popeyes located at 2505 Hwy 80 West, Jackson, MS 39204. The site consists of roughly 2,382 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Popeyes is subject to a 20-year Triple Net (NNN) lease, which commenced 12/20/2019. The current annual rent is $81,000 and has scheduled increases of 1.00% Annually Starting Year 11.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,382 SF
Building Class
B
Year Built
1984
Price
$1,296,000
Price Per SF
$544
Cap Rate
6.25%
NOI
$81,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Frontage
91 FT on Us-80 Hwy
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0001-3000-004 | Improvements Assessment | $41,816 |
| Land Assessment | $13,092 | Total Assessment | $54,908 |
PROPERTY TAXES
Parcel Number
0001-3000-004
Land Assessment
$13,092
Improvements Assessment
$41,816
Total Assessment
$54,908
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Popeyes | 2505 Highway 80 W
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