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106 Stribling Dr
Brookhaven, MS 39601

$1,375,000 USD

Restaurant For Sale  •  4,856 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,856 SF
  • Lot Size 0.98 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning N/A
0 Transit Score
22 Walk Score

Description 

Fully occupied retail tenant is 4,856 sf and on (Lot 3C) a 1 acre site. The lease incorporates 2% annual rent escalations during both the base and option terms, offering investors increased overall cash flows and a substantial safeguard against inflation. Has a 100 ft Interstate Pylon sign and site has Interstate 55 visibility. Sits in front of Home Depot, Honda dealership and Stribling Equipment.  Built in 2015.

Highlights

7 Year NNN Lease with 2% Increases Each Year
I 55 visibility. 100 ft I55 pylon sign. surface parking

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Brookhaven Amtrak Station (City of New Orleans - Amtrak) 7 min - 2.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Mike Nelson 800-951-3754 Encore Commercial
Mike Nelson 800-951-3754 Encore Commercial