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
Matthew Anuszkiewicz
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.
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
Nearby Properties
Similar Properties
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