522 Highway 19 S | Meridian, MS 39301
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522 Highway 19 S
Meridian, MS 39301
Krystal's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Available for sale, this former national quick-service restaurant offers prime exposure in the retail heart of Meridian.
- Lying on approximately 1.14 acres, the site could be redeveloped for other retail uses
- The building could be considered turn-key for another restaurant operator, as it comes complete with all necessary mechanical equipment and drive thru
- An outparcel to the Crossroads Shopping Center, and adjacent to the Bonita Lakes Mall, the property provides ample traffic to a diverse customer base
EXECUTIVE SUMMARY
Available for sale, this former national quick-service restaurant offers prime exposure in the retail heart of Meridian. As an outparcel to the Crossroads Shopping Center, and adjacent to the Bonita Lakes Mall, the property provides ample traffic to a diverse customer base.
The +- 1800 SF building could be considered turn-key for another restaurant operator, as it comes complete with all necessary mechanical equipment and features a drive-thru. Lying on approximately 1.14 acres, the site could be redeveloped for other retail uses.
Although the property is part of 16th Section ground leases, lease payments for the property are either paid-in-full or minimal.
The +- 1800 SF building could be considered turn-key for another restaurant operator, as it comes complete with all necessary mechanical equipment and features a drive-thru. Lying on approximately 1.14 acres, the site could be redeveloped for other retail uses.
Although the property is part of 16th Section ground leases, lease payments for the property are either paid-in-full or minimal.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,771 SF
Building Class
B
Year Built
2016
Price
$1,259,379 CAD
Price Per SF
$711 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.91 AC
Zoning
B4 - Commercial
Parking
26 Spaces (14.68 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 085-16-2-8070-000-00400 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $175,660 CAD |
PROPERTY TAXES
Parcel Number
085-16-2-8070-000-00400
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$175,660 CAD
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