401 Highway 12 E | Kosciusko, MS 39090
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- LoopNet Team
401 Highway 12 E
Kosciusko, MS 39090
NNN Burger King | Long-term Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Leasehold interest in an NNN Burger King asset prominently positioned along Highway 12 E near the heart of downtown Kosciusko, Mississippi.
- GPS Hospitality is one of the largest BK franchisees in the country and has a strong record of sustained success.
- Property is located on Highway 12, a primary thoroughfare and retail corridor, and just a short distance from Natchez Trace Parkway and Highway 19.
- Burger King is on lease through 2027 with four five-year renewal options, and the land is currently under a ground lease through 2049 with the state.
- Asset features a drive-thru, multiple egress/ingress points, ample surface-level parking, and highly visible pylon signage.
- Located near similar tenants like McDonald's, Popeyes, Wendy's, Dollar Tree, CVS, Family Dollar, and many more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,000 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.35 AC
Parking
39 Spaces (19.5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1305-164-C-0006001 | Improvements Assessment | $50,595 |
| Land Assessment | $11,187 | Total Assessment | $61,782 |
PROPERTY TAXES
Parcel Number
1305-164-C-0006001
Land Assessment
$11,187
Improvements Assessment
$50,595
Total Assessment
$61,782
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