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Income-Producing Restaurant Long-Term Tenant 2243 Highway 25 1,686 SF Retail Building Iuka, MS 38852 $260,000 ($154.21/SF) 8.31% Cap Rate

INVESTMENT HIGHLIGHTS
- Heavy traffic in main downtown area
- Long-term tenant occupied investment
- Stable customer base
EXECUTIVE SUMMARY
Income producing property with long term tenant. Same tenant for 15+ years as Chinese restaurant with established client base. This building has 1686sf with full kitchen, large dining area, service counter, drive-through window, and restrooms. Parking is available in front and on the side of the building with drive around. Located in prime area of Iuka.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,686 SF
Building Class
C
Year Built
1978
Price
$260,000
Price Per SF
$154.21
Cap Rate
8.31%
NOI
$21,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.36 AC
Zoning
Commercial - Commercial
AMENITIES
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Bi An Garden
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Bi An Garden | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
1 of 2
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Income-Producing Restaurant Long-Term Tenant | 2243 Highway 25
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