Moe's & Pizza Hut | 316 Stribling Ln
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Moe's & Pizza Hut 316 Stribling Ln
3,900 SF 100% Leased Retail Building Brandon, MS 39042 £2,672,947 (£685/SF) 6.25% Net Initial Yield
Investment Highlights
- 15-Year Absolute Triple Net (NNN) Lease
- Strong Franchisee Guarantee The lease will feature an excellent guarantee from JJB Brands.
- 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 316 Stribling Lane, Brandon, MS 39042. 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 $210,000 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
Year Built
2024
Price
£2,672,947
Price Per SF
£685
Net Initial Yield
6.25%
NOI
£167,059
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.09
Lot Size
0.94 AC
Parking
32 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
103 ft on Stribling Lane
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | H08M000002 00130 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £105,795 |
PROPERTY TAXES
Parcel Number
H08M000002 00130
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£105,795
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Moe's & Pizza Hut | 316 Stribling Ln
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