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2102 N Frontage Rd
Meridian, MS 39301
Corporate Hardees Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Hardees Ground Lease- 14 years of base term remain
  • Interstate visibility and signage; exposure to 44,000 cars per day
  • Healthy 6% Rent to Sales Ratio
  • High unit volume with a 45-year operating history in the shopping center
  • Well positioned lot on frontage road near Interstate 20 exit
  • Percentage Rent feature- Tenants pays 6% of gross sales in excess of Breakpoint

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,482 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.43 AC
Parking
23 Spaces (9.27 Spaces per 1,000 SF Leased)
Frontage
129’ on Frontage Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
084-20-2-0000-000-01400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$78,789
  • Listing ID: 21057823

  • Date on Market: 9/25/2020

  • Last Updated:

  • Address: 2102 N Frontage Rd, Meridian, MS 39301

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