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Jack’s Family Restaurants 1317 Sunset Dr

3,572 SF Retail Building Grenada, MS 38901 £1,214,115 (£340/SF) 6% Net Initial Yield

Investment Highlights

  • “Built-in” credit enhancement - Jack’s is growing by approximately 20 new locations per year
  • Situated off of Sunset Drive with over 21,000 passing vehicles per day near downtown Grenada in the main retail corridor
  • Brand new, high quality construction
  • Nearby national tenants include Walmart, Walgreens, Taco Bell AutoZone, Dollar Tree, AT&T, and the UPS Store, among others

Executive Summary

Corporately guaranteed by all 250+ Jack’s locations

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,572 SF
Building Class
C
Year Built
2024
Price
£1,214,115
Price Per SF
£340
Net Initial Yield
6%
NOI
£72,847
Tenancy
Single
Number of Floors
1
Building FAR
0.46
Lot Size
0.18 AC
Parking
50 Spaces (14 Spaces per 1,000 SF Leased)
Frontage
122 ft on Sunset Dr

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning
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1317 Sunset Dr, Grenada, MS - aerial map view - Image1
1317 Sunset Dr, Grenada, MS - aerial map view - Image2

Nearby Major Retailers

Regions Bank
Anytime Fitness
Renasant Bank
1st Heritage Credit
Snap Fitness 24/7
Title Cash
Shoney’s
Bankplus
Applebee's
Western Sizzlin

PROPERTY TAXES

Parcel Number 096W-13-170.01 Improvements Assessment £21,103
Land Assessment £0 Total Assessment £21,103

PROPERTY TAXES

Parcel Number
096W-13-170.01
Land Assessment
£0
Improvements Assessment
£21,103
Total Assessment
£21,103
(256) 694-9803

Contacts

  • Listing ID: 32780864

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 1317 Sunset Dr, Grenada, MS 38901

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1317 Sunset Dr, Grenada, MS for sale Primary Photo- Image 1 of 5
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© 2024 CoStar Group

Jack’s Family Restaurants | 1317 Sunset Dr
(256) 694-9803 x

Jack’s Family Restaurants | 1317 Sunset Dr

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Adam English

(256) 694-9803

(256) 694-9803

Adam Baxter

(205) 394-3520

(205) 394-3520

Jordan Williams

(205) 209-5671

(205) 209-5671

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