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Jack's - Ripley, MS 200 S City Ave 3,716 SF Retail Building Ripley, MS 38663 $1,610,000 ($433.26/SF) 5.50% Cap Rate
Investment Highlights
- This property is offered under an Absolute Triple Net (NNN) Lease, meaning the landlord has no responsibilities for the roof, structure, parking lot.
- The lease is backed by a strong corporate guarantee from a platform operating more than 270 locations across four states.
- The site is positioned on a hard corner at a signalized intersection, offering excellent visibility & access at E Walnut Street, which sees 2,951 VPD.
- Jack’s has demonstrated a proven concept and long-term success, with zero store closings over the past 20 years.
- The property was developed as a build-to-suit in 2021 and features a modern prototype design with a drive-thru to support increased throughput.
- The property is located within a dense retail corridor alongside national and regional brands such as Walmart, AutoZone, McDonald’s, CVS, and more.
Executive Summary
Sands Investment Group is pleased to present exclusively for sale the 3,716 SF Jack’s located at 200 City Avenue S in Ripley, Mississippi. This opportunity includes an Absolute Triple Net (NNN) Lease providing for no landlord responsibilities, with a long-term store success rate and zero store closings in 20 years, creating a unique investment opportunity.
In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616
In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,716 SF
Building Class
B
Year Built
2021
Price
$1,610,000
Price Per SF
$433.26
Cap Rate
5.50%
NOI
$88,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.26 AC
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jack's
- Accommodation and Food Services
- 3,716 SF
- $23.82
- Triple Net
- Dec 2042
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jack's | Accommodation and Food Services | 3,716 SF | $23.82 | Triple Net | Dec 2042 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 3-643G-13-050.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $66,975 |
Property Taxes
Parcel Number
3-643G-13-050.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,975
Contacts
-
Adam Scherr -
Tyler McGarry -
Chase Martino -
Sands Investment Group Santa Monica, LLC
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Jack's - Ripley, MS | 200 S City Ave
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