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Income-Producing Restaurant Long-Term Tenant 2243 Highway 25 1,686 SF Retail Building Iuka, MS 38852 $360,781 CAD ($213.99 CAD/SF) 8.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic in main downtown area
- Long-term tenant occupied investment
- Stable customer base
EXECUTIVE SUMMARY
Income producing property with long term tenant. Same tenant for 15+ years as Chinese restaurant with established client base. This building has 1686sf with full kitchen, large dining area, service counter, drive-through window, and restrooms. Parking is available in front and on the side of the building with drive around. Located in prime area of Iuka.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,686 SF
Building Class
C
Year Built
1978
Price
$360,781 CAD
Price Per SF
$213.99 CAD
Cap Rate
8.31%
NOI
$29,973 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.36 AC
Zoning
Commercial - Commercial
AMENITIES
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Bi An Garden
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Bi An Garden | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3-1006-08-24-007.03 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $16,557 CAD |
PROPERTY TAXES
Parcel Number
3-1006-08-24-007.03
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,557 CAD
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Income-Producing Restaurant Long-Term Tenant | 2243 Highway 25
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