Whataburger - Low Rent | Corporate Guaranty - 1724 Old Fannin Rd

Flowood, MS 39232

• NNN Property
• Retail for Sale
• $2,987,631 CAD
• 3,816 SF

• Restaurant

Flowood Retail for Sale - Brandon/Flowood/Pearl

--Excellent Retail Corridor -Located Along Old Fannin Road Near Its Intersection with Lakeland Drive (±60,000 Cars Per Day) -Lakeland Drive is a Dominant Retail Thoroughfare in Flowood and Provides Direct Access to Downtown Jackson, MS -Surrounded by Numerous National Credit Tenants and Complementary Retail Uses, Driving Steady Consumer Flow -Robust Nearby Development Activity, Including the Waterpointe Development, a Brand New ±240 Acre Mixed Use Project that will Feature 240+ Luxury Units and Additional Retail, Office, and Recreational Space -Proximity to Major Recreational Destinations Further Enhances Daytime and Evening Traffic --Strong Real Estate Fundamentals -Positioned in the Growing and Economically Stable Jackson, MS MSA (Over 600,000 Residents) -Large ±1.39-Acre Parcel | Excellent Site Visibility and Access Supports Long-Term Tenant Success -Low-Vacancy Submarket with Consistent Retail Demand and Limited Supply Pipeline -Excellent Demographics with Average Household Income Exceeding $115,000 Within Three Miles Broker of Record William “Mickey” Davis License: #B-15586 5100 Poplar Avenue, Suite 2505, Memphis, TN 38137

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2025-11-07

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214 S State St

Jackson, MS 39201

• NNN Property
• Retail for Sale
• $2,424,348 CAD
• 14,138 SF

• Air Conditioning
• Restaurant

Jackson Retail for Sale - Downtown Jackson

***This is for the sale of Real Estate only. The restaurant is NOT for sale*** Located in the heart of Mississippi’s capital city, Martin’s Downtown is a rare opportunity to acquire a fully operational, legacy restaurant and entertainment venue with deep community roots and strong financial performance. Situated at 214 State Street in Jackson’s Historic Downtown, this 14,138-square-foot property spans two two-story buildings and includes a restaurant, bar, stage, and upper-level office and storage space. The property has undergone significant capital improvements, including a full kitchen remodel in 2020 and HVAC replacements between 2013 and 2022. A new parking lot, added in 2021 and included in the sale, provides additional capacity for events such as BBQ contests and Jackson’s nationally recognized St. Patrick’s Day Parade, which centers around Martin’s. Martin’s Downtown is a cultural staple and one of the city’s most beloved live music venues. It is also a favorite among Mississippi legislators, with the State Capitol just blocks away. The location benefits from proximity to the Mississippi Coliseum, five major hospitals, and two colleges, ensuring a steady stream of patrons year-round. This offering presents a stable investment with a 10-year lease in place and a strong 8.25% cap rate. With a rich history dating back to 1954 and a loyal customer base, Martin’s Downtown is more than a property—it’s a cornerstone of Jackson’s entertainment and dining scene.

Contact:

Estes Group

Property Subtype:

Restaurant

Date on Market:

2025-11-05

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Smalls Sliders | New 15-Yr Absolute NNN Lease - 109 Pineview Dr

Flowood, MS 39232

• NNN Property
• Retail for Sale
• $3,472,375 CAD
• 800 SF

Flowood Retail for Sale - Outlying Rankin County

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Small Sliders investment property located in Flowood, Mississippi. The tenant recently signed a brand new 15-year lease with multiple options to extend, along with a personal guaranty, underscoring their long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing a reliable hedge against inflation and steady NOI growth. With an absolute NNN lease structure, the tenant is responsible for CAM, taxes, insurance, and all maintenance, offering investors a truly passive, management-free opportunity ideal for out-of-state ownership. The subject property is strategically located directly on Highway 25, which sees approximately 35,800 vehicles per day, providing excellent visibility and easy access for both local and regional consumers. Positioned between Kroger- and Walmart-anchored shopping centers, the property benefits from a dense retail corridor that includes high-profile national and credit tenants such as ALDI, Taco Bell, Burger King, Valvoline, Tractor Supply, Walgreens, and more. The 5-mile trade area surrounding the property is robust, with over 57,405 residents and 21,710 employees, and an average household income of $119,666. This combination of strong population, workforce, and household income supports both daytime and evening traffic, while the property’s prime positioning in the heart of a high-performing retail corridor ensures continued consumer engagement. The site is already tracking well above the national Small Sliders average, demonstrating strong operational metrics and confirming its status as a top-performing location within the brand. With long-term lease security, built-in rental growth, and a strategic location, this asset represents an ideal, low-maintenance investment for a passive or out-of-state investor.

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2025-10-22

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CVS Pharmacy - 305 Meadowbrook Rd

Jackson, MS 39206

• NNN Property
• Retail for Sale
• $6,378,058 CAD
• 12,117 SF

Jackson Retail for Sale - North Jackson

Lee & Associates, listed in conjunction with Mississippi real estate broker Bang Realty-Mississippi, Inc., is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest in a CVS Pharmacy investment property located in Jackson, Mississippi (the “Property”). Constructed in 2008 as a build-to-suit for CVS, the Property consists of a 12,012-square-foot retail building with drive thru lane situated on a 1.54-acre parcel. This property offers a highly desirable Absolute-NNN lease with over 9-years remaining, providing a truly passive, long-term income stream.

Contact:

Lee & Associates

Property Subtype:

Drug Store

Date on Market:

2025-06-05

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Advance Auto Parts | 10+yrs Corp Abs NNN - 629 Grants Ferry Rd

Flowood, MS 39232

• NNN Property
• Retail for Sale
• $1,359,782 CAD
• 6,838 SF

Flowood Retail for Sale - Outlying Rankin County

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Advance Auto Parts investment property located in Flowood, Mississippi. The tenant, Discount Auto Parts, LLC, has more than 10 years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 3.5% increase in September of 2033, and 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

Contact:

SRS National Net Lease

Property Subtype:

Freestanding

Date on Market:

2025-03-18

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Moe's & Pizza Hut - 5806 Terry Rd

Byram, MS 39272

• NNN Property
• Retail for Sale
• $4,444,640 CAD
• 3,900 SF

Byram Retail for Sale - Outlying Hinds County

NNN Pro is pleased to present the exclusive listing for a Moe’s & Pizza Hut located at 5806 Terry Road, Byram, MS 39272. The site consists of roughly 3,900 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Moe’s & Pizza Hut is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $200,000 and has scheduled increases of 10.00% every 5 years.

Contact:

Surmount

Property Subtype:

Restaurant

Date on Market:

2024-12-18

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Rally's - 5804 Terry Rd

Byram, MS 39272

• NNN Property
• Retail for Sale
• $1,736,187 CAD
• 1,200 SF

Byram Retail for Sale - Outlying Hinds County

NNN Pro is pleased to present the exclusive listing for a Rally's located at 5804 Terry Road, Byram, MS 39272. This Rally's is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $78,125 and has scheduled increases of 10.00% every 5 years.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2024-12-18

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Freddy's | New 15yr Abs NNN w/ Incrs | DrThru - 421 Pineview Dr

Flowood, MS 39232

• NNN Property
• Retail for Sale
• $4,409,916 CAD
• 2,788 SF

• Restaurant

Flowood Retail for Sale - Outlying Rankin County

SRS Real Estate, LLC and SRS Real Estate Partners, LLC are pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, drive-thru equipped, newly built, Freddy’s Frozen Custard & Steakburgers (Freddy’s) investment property located in Flowood, MS (Jackson MSA). The tenant, MS Steakburger, LLC, recently signed a brand new 15-year lease with 4 (5-year) option periods to extend, demonstrating their long-term commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is franchisee guaranteed and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 2002, Freddy’s is among the leading quick service restaurant chains with more than 500 locations across 36 states.

Contact:

SRS Real Estate Partners

Property Subtype:

Fast Food

Date on Market:

2024-09-27

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