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Moe's & Pizza Hut 5806 Terry Rd

3,900 SF 100% Leased Retail Building Byram, MS 39272 $3,200,000 ($821/SF) 6.25% Cap Rate

Investment Highlights

  • 15-Year Absolute Triple Net (NNN) | Lease At closing the tenant will execute a brand-new 15-year absolute triple net lease.
  • Strong Franchisee Guarantee | The lease will feature an excellent guarantee from JJB Pizza/JJB Tacos.
  • 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 5806 Terry Road, Byram, MS 39272. The site consists of roughly 3,900 rentable square feet of building space on an estimated 0.6-acre parcel of land. 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 $200,000 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
Building Class
B
Year Built
2023
Price
$3,200,000
Price Per SF
$821
Cap Rate
6.25%
NOI
$200,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.60 AC

Nearby Major Retailers

Back Yard Burgers
Waffle House
Starbucks
McAlister's Deli
Cadence Bank
Planet Fitness
Regions Bank
Krystal
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
  • 0023-9000-000
Land Assessment
$74,769
Improvements Assessment
$333,424
Total Assessment
$408,193
  • Listing ID: 34233445

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 5806 Terry Rd, Byram, MS 39272

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