1212 Delaware Ave, Mccomb, MS 39648

3,096 SF | 100% Leased | Retail Building | Mccomb, MS 39648 | $1,500,000 ($484/SF) | 7% Cap Rate

Asking Price $1,500,000

Property Type
Retail, Restaurant
Square Feet
3,096 SF
Price / Square Foot
$484

Listing Contacts

Glen Kunofsky
Glen Kunofsky
Matthew Anuszkiewicz
Matthew Anuszkiewicz
Howie Curd
Howie Curd
  • Property Info

Property Overview

NNN Pro Group is pleased to present the exclusive listing for a Pizza Hut located at
1212 Delaware Avenue in McComb, MS. The site consists of roughly 3,096 rentable
square feet of building space on estimated 0.78-acre parcel of land. This Pizza Hut will
be subject to a 20-year absolute triple-net (NNN) lease, which will commence at the
close of escrow. The annual rent will be $105,000 and is scheduled to increase by 10%
every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Property Details

Class
C
Year Built/Renovated
1996/2023
Stories
1
Lot Size (sq. ft)
33,977 SF

Highlights

  • Relocation Site | Tenant is Moving from a Location Less than a Mile Away
  • Long-Term, 20-Year Triple Net (NNN) Lease
  • 10% Rental Increases Every 5 Years

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