Burger King 102 City Ave S 2,600 SF Retail Building Ripley, MS 38663 $2,530,733 ($973.36/SF) 6% Cap Rate

Horvath & Tremblay is pleased to present the exclusive sale of a single-tenant Burger King located at 102 City Avenue N (the “Property”). In 2017, Burger King executed a long-term, 20-year Absolute NNN Lease that has 12+ years remaining on the primary lease with four (4), 5-year renewal options. The lease features attractive 7.5% rent increase every five years throughout the base lease term and at the start of each renewal option. Burger King is ideally situated along City Avenue North (US Highway 15) with outstanding visibility and frontage along one of the region’s primary north–south commuter corridors. The Property benefits from its strategic location near the intersection of MS Highway 4, providing direct regional connectivity and daily traffic through the heart of Ripley. The surrounding area includes a variety of national retailers, local medical facilities, and schools that draw consistent customer traffic. Ripley High School and other community institutions are within minutes of the site, further supporting a strong daytime population. The Property also serves as a convenient stop for travelers and residents across Tippah County, with direct links south toward New Albany (20 miles) and north toward the Tennessee state line. The immediate trade area functions as Ripley’s central commercial hub, drawing from surrounding small towns and rural communities.