5270 U.S. 80
Pearl, MS
Price:
$1,840,000
Cap Rate:
6.25%
NOI:
$115,000
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 0.36 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 510+/- SF Building on 0.36+/- Acre Site
- Brand New 20-Year Ground Lease With (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
- High Visibility & Easily Accessible Along U.S. Route 80/West Government Street (25,500 VPD)
- Greatly Benefits from 3-Mile Proximity from Jackson-Medgar Wiley Evers International Airport – #1 Airport in the State
- Strong Demographics – Nearly 70k People Live Within 5 Miles of Property & Average HH Income is $104,156
- 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M
- Pearl | Suburb of Jackson, MS – The State’s Capital | Population: 27,682+