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151 E Commerce St 2,016 SF Retail Building Hernando, MS 38632 $2,435,259 CAD ($1,207.97 CAD/SF) 5.50% Cap Rate

Retail Buildings Mississippi Hernando 151 E Commerce St, Hernando, MS 38632

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EXECUTIVE SUMMARY

Brand-new 2024 Dunkin’ drive-thru in Hernando, MS, on busy East Commerce Street near I-55 and Kroger. 15-year NNN lease to the nation’s largest coffee and donut brand with 10% rent increases every 5 years after 10 years. Operated by a 45+ unit franchisee with 15+ years of experience. High-visibility location surrounded by national retailers (Walmart, Starbucks, Walgreens, Sonic). Strong 5-mile demographics with $98K+ average income and growing population.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,016 SF
Building Class
C
Year Built
2024
Price
$2,435,259 CAD
Price Per SF
$1,207.97 CAD
Cap Rate
5.50%
NOI
$133,939 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.36 AC
Parking
10 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
99’ on Commerce St

AMENITIES

  • Signage
1 1

NEARBY MAJOR RETAILERS

Renasant Bank
Cadence Bank
First Horizon Bank
HOTWORX
Starbucks
Kroger
Waffle House
Lenny’s Grill & Subs
CrossFit
BankPlus
(601) 942-0132

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 38419350

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 151 E Commerce St, Hernando, MS 38632

The Retail Property at 151 E Commerce St, Hernando, MS 38632 is currently available for Sale. Contact Cannon Cleary McGraw for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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151 E Commerce St
(601) 942-0132 x

151 E Commerce St

Joel Reeves
(601) 942-0132

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