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338 Leontyne Price Blvd
Laurel, MS 39440
Popeyes · Retail Property For Sale
Investment Highlights
- ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES | ± 19.6 YEARS REMAINING TERM
- OPPORTUNITY ZONE | CENSUS TRACT 950600
- 5th LARGEST POPEYES FRANCHISEE | HIGH PERFORMING SITE | HEALTHY RENT TO SALES RATIO
- GLOBALLY RECOGNIZED BRAND | SECOND-LARGEST CHICKEN CHAIN
- SAWMILL SQUARE MALL | DENSE RETAIL CORRIDOR | NATIONAL TENANTS
- PURPOSELY BUILT DESIGN | DRIVE-THRU CONCEPT
Executive Summary
Exclusively Listed By:
Katie Berg | Associate Director | 904.806.5801 | kberg@tradenetlease.?com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.?com
In association with Jon Nesbitt | MS License #: 23033
Katie Berg | Associate Director | 904.806.5801 | kberg@tradenetlease.?com
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.?com
In association with Jon Nesbitt | MS License #: 23033
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,307 SF
Building Class
C
Year Built
2014
Price
$1,867,057
Price Per SF
$809.30
Cap Rate
6.15%
NOI
$114,824
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.43 AC
Opportunity Zone
Yes
Parking
10 Spaces (4.33 Spaces per 1,000 SF Leased)
Frontage
78’ on Leontyne Price Boulevard
Amenities
- Restaurant
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $70,324 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$70,324
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