Log In/Sign Up
Your email has been sent.
Huddle House 2900 Highway 72 W 2,534 SF Retail Building Corinth, MS 38834 $775,831 ($306.17/SF) 9.50% Cap Rate
Investment Highlights
- Established Brand with National Recognition
- NN Lease with Landlord-Friendly Structure
- Attractive Rent Increases
- Affordable Price Point
Executive Summary
Surmount is pleased to present the exclusive listing for a Huddle House located at 2900 U.S. 72 , Corinth, MS 38834. The site consists of roughly 2,534 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Huddle House is subject to a 15-year Double Net (NN) lease, which commenced 8/31/2016. The current annual rent is $73,704 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,534 SF
Building Class
C
Year Built
2000
Price
$775,831
Price Per SF
$306.17
Cap Rate
9.50%
NOI
$73,704
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.80 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 0802-03-3-04515 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $50,525 |
Property Taxes
Parcel Number
0802-03-3-04515
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,525
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Huddle House | 2900 Highway 72 W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.