Log In/Sign Up
Your email has been sent.
Huddle House 660 Highway 7 S 2,072 SF Retail Building Holly Springs, MS 38635 $565,656 CAD ($273.00 CAD/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Established National Tenant
- Built-In Rental Increases
- Attractive 8.00% Cap Rate
- Landlord-Friendly NN Lease
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Huddle House located at 660 Mississippi 7, Holly Springs, MS 38635. The site consists of roughly 2,072 rentable square feet of building space on an estimated 0.4-acre parcel of land. This Huddle House is subject to a 15-year Double Net (NN) lease, which commenced 8/31/2016. The current annual rent is $38,496 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,072 SF
Building Class
C
Year Built
1998
Price
$565,656 CAD
Price Per SF
$273.00 CAD
Cap Rate
9.50%
NOI
$53,737 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.40 AC
PROPERTY TAXES
| Parcel Number | 093M-07-02106 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $73,712 CAD |
PROPERTY TAXES
Parcel Number
093M-07-02106
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$73,712 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Huddle House | 660 Highway 7 S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.