For Sale
$750,000

616 Jefferson StJackson, MS 39202

Mississippi QSR Net Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
98
This exceptional investment opportunity presents a 1,200 square foot Domino's Pizza franchise located at 616 N Jefferson St, Jackson, MS 39202. The property is offered at $750,000 with a strong 6.00% cap rate, generating a net operating income (NOI) of $45,000. Secured by a 10-year absolute NNN lease commencing September 16, 2024, and expiring September 30, 2034, this investment boasts significant stability. Rent increases are tied to the Consumer Price Index (CPI), with a maximum increase of 10% every five years. The lease includes two five-year renewal options, further enhancing the long-term value. This established Domino's location benefits from its prime corner position in Jackson, Mississippi, within Hinds County. The franchisee is a multi-unit operator with extensive experience, ensuring operational expertise and consistent performance. This property is ideally suited for 1031 exchange investors seeking a secure, high-yield investment in a nationally recognized brand. The property's strong financials and long-term lease make it a compelling opportunity for discerning investors. The property is classified as QSR/Fast Food retail and is an absolute NNN lease.

Highlights

  • 1,200 SF Domino's Pizza franchise in Jackson, MS, offered at $750,000.
  • 6.00% cap rate, $45,000 NOI.
  • Absolute NNN lease, 10-year term starting September 16, 2024, with two 5-year renewal options.
  • Rent increases tied to CPI, max 10% every five years.
  • Prime corner location in Hinds County, operated by a multi-unit franchisee.

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.304368654506
Longitude
-90.17661769335
616 Jefferson St, Jackson, Mississippi

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
616 Jefferson St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message
test