2505 Highway 80Jackson, MS 39204

This exceptional investment opportunity presents a fee-simple ownership of a Popeyes restaurant located at 2505 Hwy 80 W, Jackson, MS 39204. The property encompasses a 2,382 square foot building situated on a 0.86-acre lot. The property benefits from a long-term, 20-year triple-net (NNN) lease with a franchisee tenant, commencing December 20, 2019, and expiring December 31, 2039. This leaves a substantial remaining lease term of approximately 15.1 years. The current annual net operating income (NOI) stands at $81,000, translating to a compelling 6.25% cap rate and a price per square foot of $544.08. The lease includes attractive terms, featuring annual rent increases of 1% commencing in 2030, and six five-year tenant renewal options, ensuring long-term income stability. Built in 1984, this strategically located property is approximately two miles from downtown Jackson, offering excellent visibility and access to a substantial customer base. This is a rare opportunity to acquire a stable, high-performing, quick-service restaurant investment with significant upside potential. The property is 100% occupied.