107 Highway 80
Clinton, MS
Price:
$1,923,000
Cap Rate:
6.50%
NOI:
$125,000
Building Size:
Approx. 510 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2023
Investment Overview
- 2024 Construction. 510+/- SF Building on 0.52+/- Acre Site
- 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (4), 5-Year Options to Renew
- Located Directly Across the Street from Mississippi College, a Private University with Over 5,000 Enrolled Students
- The Property is Anchored by a High Performing Kroger, that is the Main Grocery Store for the City of Clinton
- Subject Property is Located Near the Intersection of W Highway 80 (18,100+ VPD) and Clinton Parkway (10,100+ VPD)
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Clinton | Only 8 Miles from Jackson, MS | Population: 26,996+