Marco's Pizza D/T | Absolute NNN | Fee Simple 1683 S Highland Ave

BROKER OF RECORD: JONES AUR - License No. 332.179.00
Faris Lee Investments is pleased to offer for sale a recently constructed Marco’s Pizza drive-thru Absolute NNN leased investment in Jackson, Tennessee. Marco’s Pizza operates over 1,200 locations and has been recognized by Newsweek in 2023 for being awarded the coveted Newsweek’s America’s Best Customer Service in the pizza chain category. The drive-thru concept is relatively new for a pizza restaurant but is gaining traction within the industry as consumer dining habits have changed immensely over the past few years. Pizza remains a staple of the American diet, with a 27% growth rate in pizza restaurant revenue over the past 10 years. This location competes exceptionally well within this trade area, as Placer.ai is showing customer visits to Marco’s Pizza outnumber visits to the nearby Domino’s by more than 2 to 1. The drive-thru concept and quality pizza offerings at an affordable price have proven themselves and enabled this Marco’s Pizza location to build brand loyalty and a successful track record in a short amount of time.
Jackson, Tennessee, is located almost halfway between Memphis and Nashville. Its location at Interstate 40, along with large employers in the area, has enabled Jackson to become the largest city between Memphis and Nashville and the 8th largest city in Tennessee. Population growth has exploded in the Jackson MSA; as recently as 2022, it was regarded as the fastest-growing MSA in the United States. The property is situated on Highland Avenue, a major north/south thoroughfare in Jackson, given Marco’s Pizza’s identity and ease of access to 33,000 vehicles per day.