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BURGER KING – NEW ALBANY, MS 106 Park Plaza Dr 2,934 SF Retail Building New Albany, MS 38652 $2,679,132 CAD ($913.13 CAD/SF) 5.50% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE: 12+ years remaining on Absolute NNN lease with an attractive 8% rental escalations! Next escalation - August 1, 2028!
- SEASONED SALES LOCATION: Successfully open and operating for decades (recent lease extension) with an ATTRACTIVE 6.97% (YE 2025) - Rent to Sales Ratio
- TRAFFIC COUNTS: Well-positioned on a ±0.66-acre lot with exceptional visibility from Interstate 22 (29,345 CPD) and access from Hwy-30
- TENANT: Nashville Quality, LLC is a subsidiary of Carrols Restaurant Group and a wholly owned subsidiary of Restaurant Brands International “RBI”
- DENSE RETAIL CORRIDOR: Conveniently located at interchange of Interstate 22 & Hwy 30 - Dominant retail corridor and adjacent to Walmart Supercenter
- 2025 DEMOGRAPHICS: Total Population (5MI): 12,710 | Average Household Income (1MI): $93,878
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Jul 2038
Chaque jour, plus de 11 millions de clients visitent les restaurants Burger King partout dans le monde. Et ils le font parce que les restaurants Burger King sont réputés pour servir des aliments de haute qualité, savoureux et abordables. Fondée en 1954, Burger King est la deuxième chaîne de hamburgers de restauration rapide en importance au monde. La maison originale du Whopper, leur engagement envers des ingrédients de première qualité, des recettes distinctives et des expériences culinaires familiales sont ce qui a défini la marque depuis plus de 50 ans de succès.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | Jul 2038 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 019N-07-012.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $109,765 CAD |
Property Taxes
Presented by
BURGER KING – NEW ALBANY, MS | 106 Park Plaza Dr
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