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Rally's 5804 Terry Rd

1,200 SF Retail Building Byram, MS 39272 $1,779,050 CAD ($1,483 CAD/SF) 6.25% Cap Rate

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Investment Highlights

15-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 15-year absolute triple net lease.
Strong Franchisee Guarantee | The lease will feature an excellent guarantee from JJB Burgers.

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 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.