Moe's & Pizza Hut | 316 Stribling Ln
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Moe's & Pizza Hut 316 Stribling Ln
3,900 SF 100% Leased Retail Building Brandon, MS 39042 $4,782,086 CAD ($1,226 CAD/SF) 6.25% Cap Rate
Investment Highlights
- 15-Year Absolute Triple Net (NNN) Lease
- Strong Franchisee Guarantee The lease will feature an excellent guarantee from JJB Brands.
- Attractive Rent Increases The lease will feature scheduled increases of 10% Every 5 Years.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Moe’s & Pizza Hut located at 316 Stribling Lane, Brandon, MS 39042. 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 $210,000 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,900 SF
Year Built
2024
Price
$4,782,086 CAD
Price Per SF
$1,226 CAD
Cap Rate
6.25%
NOI
$298,880 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.94 AC
Parking
32 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
103 ft on Stribling Lane
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | H08M000002 00130 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $189,275 CAD |
PROPERTY TAXES
Parcel Number
H08M000002 00130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,275 CAD
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Moe's & Pizza Hut | 316 Stribling Ln
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