312 Stribling Ln
Brandon, MS
Price:
$2,263,500
Cap Rate:
5.65%
NOI:
$127,892
Building Size:
Approx. 2,200 Sq. Ft.
Lot Size:
Approx. 0.82 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2020
Investment Overview
- 2020 Construction 2,200+/- SF Building on 0.82 +/- Acre Site
- 10-year Corporate Net Lease with no early termination clause and 10% rental increases every five-years
- Lease guaranteed by Starbucks Corporation | Surrounded by national retailers such as Walmart, Home Depot, Kroger, CVS, Walgreens, Chick-Fil-A, McDonald’s, Big Lots, Applebees and many more
- Jackson-Medgar Wiley Evers International Airport is less than 3-miles from the
subject property (942,375 passengers)
- 10-miles from downtown Jackson, MS | Property is located on the access road to Interstate 20 with over 35,000 VPD
- Greater Jackson (MSA) | Population: 2.9M+ | Capital and most populous city in the state of Mississippi