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Checkers 509 S Gloster St 979 SF Retail Building Tupelo, MS 38801 $1,793,757 CAD ($1,832.23 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Proven Operator with Over 30 Year of Experience in the Industry.
  • Situated Within a Retail Corridor and Surrounded by National Retailers Including AutoZone, Jimmy John's, McDonald's, Subway, Taco Bell and Wendy's.
  • Checkers and Rally's Operate Over 820 Locations in 28 States.
  • Excellent Visibility with Frontage and Signage Along Hwy 278 Which Has daily traffic counts exceeding 13,400 vehicles.
  • Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window.

EXECUTIVE SUMMARY

Absolute NNN Lease | Zero Landlord Responsibilities. 25-Year Sale Leaseback Commencing at Close of Escrow. Brand New Site Equipped with Outdoor Patio.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
979 SF
Building Class
A
Year Built
2019
Price
$1,793,757 CAD
Price Per SF
$1,832.23 CAD
Cap Rate
7%
NOI
$125,633 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.46 AC

NEARBY MAJOR RETAILERS

Cadence Bank
BankPlus
Checkers
Lenny’s Grill & Subs
Bestway Rent to Own
Rent-A-Center
Renasant Bank
HOTWORX
Walmart Neighborhood Market
Kroger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
113A-06-007-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$72,341 CAD
  • Listing ID: 34976087

  • Date on Market: 2025-02-28

  • Last Updated:

  • Address: 509 S Gloster St, Tupelo, MS 38801

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