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825 City Ave S
Ripley, MS 38663
Checkers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Proven Operator with Over 30 Year of Experience in the Industry.
- Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window.
- Situated Directly Across from Walmart and Surrounded by National Retailers Including Burger King, CVS, KFC, McDonald's, Taco Bell, Sonic and Subway.
- Excellent Visibility with Frontage and Signage Along City Ave S Which Has daily traffic counts exceeding 13,000 vehicles.
- Checkers and Rally's Operate Over 820 Locations in 28 States.
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
929 SF
Building Class
B
Year Built
2020
Price
$1,395,920 CAD
Price Per SF
$1,502.60 CAD
Cap Rate
7%
NOI
$97,714 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.53 AC
Parking
6 Spaces (6.46 Spaces per 1,000 SF Leased)
Frontage
178’ on CITY AVE
AMENITIES
- Drive Thru
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 3-643L-23-175.02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $38,535 CAD |
PROPERTY TAXES
Parcel Number
3-643L-23-175.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$38,535 CAD
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