Moe's & Pizza Hut | 5806 Terry Rd
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Moe's & Pizza Hut 5806 Terry Rd
3,900 SF 100% Leased Retail Building Byram, MS 39272 £2,520,640 (£646/SF) 6.25% Net Initial Yield
Investment Highlights
- 15-Year Absolute Triple Net (NNN) | Lease At closing the tenant will execute a brand-new 15-year absolute triple net lease.
- Strong Franchisee Guarantee | The lease will feature an excellent guarantee from JJB Pizza/JJB Tacos.
- 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 5806 Terry Road, Byram, MS 39272. The site consists of roughly 3,900 rentable square feet of building space on an estimated 0.6-acre parcel of land. 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 $200,000 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
Building Class
B
Year Built
2023
Price
£2,520,640
Price Per SF
£646
Net Initial Yield
6.25%
NOI
£157,540
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Lot Size
0.60 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £262,355 | |
| Land Assessment | £58,832 | Total Assessment | £321,187 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£58,832
Improvements Assessment
£262,355
Total Assessment
£321,187
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Moe's & Pizza Hut | 5806 Terry Rd
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