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Huddle House 1925 Jackson Ave W 2,114 SF Retail Building Oxford, MS 38655 $1,534,047 CAD ($725.66 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Passive NNN Lease
- High-Demand Corridor
- Strong Built-In Rent Growth
- Established National Brand
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Huddle House located at 1925 Jackson Avenue West, Oxford, MS 38655. The site consists of roughly 2,114 rentable square feet of building space on an estimated .40-acre parcel of land. Huddle House is subject to an original 20-year Triple Net (NNN) lease, which commenced in April 2020. The current annual rent is $72,021 and has scheduled increases of 7.50% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,114 SF
Building Class
C
Year Built
1996
Price
$1,534,047 CAD
Price Per SF
$725.66 CAD
Cap Rate
6.50%
NOI
$99,713 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.40 AC
Frontage
92’ on Jackson Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 139D-30-141.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $77,401 CAD |
PROPERTY TAXES
Parcel Number
139D-30-141.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$77,401 CAD
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Huddle House | 1925 Jackson Ave W
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