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4307 N State St
Jackson, MS 39206
Krystal · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,988 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.63 AC
Parking
33 Spaces (16.6 Spaces per 1,000 SF Leased)
Frontage
66’ on State St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

ABOUT 4307 N STATE ST , JACKSON, MS 39206

SECURED LONG-TERM INVESTMENT Long Term Lease – 18 years remaining on original 20-year lease Recent Renovation – The site was newly renovated in 2016 Corporate Signature – Krystal has approximately 360 stores across Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, South Carolina, and Tennessee Excellent Unit-Level Economics – Very strong store sales Absolute NNN Investment – Tenant is responsible for taxes, insurance, maintenance, roof, structure and parking lot VETERAN RESTAURANT OPERATOR Established Restaurant Brand – The Krystal Company first opened its doors in 1932 and has been in business for the past 83+ years Well-Capitalized – Krystal was acquired by Argonne Capital Group which is a franchisee of IHOPs (300 Units), Applebee’s (120 Units), and On the Border’s (150 Units) amongst other concepts STRATEGIC LOCATION Strong Corridor of National Tenants – Nearby national chains include Shell, Burger King, Walgreens, Mister Car Wash, Dollar Tree, Dollar General, Boost Mobile, Piggly Wiggly, Regions Bank and CVS, among others

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0430-0037-000
Land Assessment
$13,950
Improvements Assessment
$31,773
Total Assessment
$45,723
  • Listing ID: 14267655

  • Date on Market: 11/2/2018

  • Last Updated:

  • Address: 4307 N State St, Jackson, MS 39206

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