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Moe's & Pizza Hut 316 Stribling Ln

3,900 SF 100% Leased Retail Building Brandon, MS 39042 $3,360,000 ($862/SF) 6.25% Cap Rate

Investment Highlights

  • 15-Year Absolute Triple Net (NNN) Lease
  • Strong Franchisee Guarantee The lease will feature an excellent guarantee from JJB Brands.
  • Attractive Rent Increases The lease will feature scheduled increases of 10% Every 5 Years.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Moe’s & Pizza Hut located at 316 Stribling Lane, Brandon, MS 39042. This Moe’s & Pizza Hut is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $210,000 and has scheduled increases of 10.00% every 5 years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,900 SF
Year Built
2024
Price
$3,360,000
Price Per SF
$862
Cap Rate
6.25%
NOI
$210,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.94 AC
Parking
32 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
103 FT on Stribling Lane

Nearby Major Retailers

Starbucks
Waffle House
Applebee's
Mazzio's
HOTWORX
WW
Chase
Kroger
Bankplus
D-BAT
  • Listing ID: 34234290

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 316 Stribling Ln, Brandon, MS 39042

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