503 Highway 16 E
Carthage, MS 39051
Burger King Sale-Leaseback · Retail Property For Sale

The subject Burger King is located at 503 Highway-16 in West Carthage, Mississippi. West Carthage is the county seat of Leake County, Mississippi. Leake County is in the geographic center of Mississippi, just next door to the capitol city of Jackson and is within just a few hours of Memphis, New Orleans, Mobile, Birmingham, Nashville, Atlanta, and Dallas. Surrounding Retail and Points of Interest The property is well-positioned in a dense retail corridor with many national and local tenants. Major national tenants in the area include: Walmart, CVS Pharmacy, Burke’s Outlet, Dollar Tree, Fred’s, AutoZone, O’Reilly Auto Parts, BP, Murphy USA, KFC, Pizza Hut, Wendy’s, Little Caesar’s, McDonald’s, Subway, Sonic, and many others. Leake County School District’s Leake Central Elementary School and Carthage High School, both within a mile and a half of this subject property, have combined enrollment exceeding 2,400 students annually. Baptist Medical Center Leake, Carthage’s largest healthcare facility, is less than two miles from this Burger King location. Traffic Counts and Demographics The subject property has approximately 7,253 people within a five-mile radius of and 15,182 people within a ten-mile radius. The subject property is situated on US Highway-16 West near the intersection of US Highway-16 and US Highway-35. Combined average daily traffic counts at this intersection exceed 20,000 vehicles. The subject property recently completed construction and is located adjacent to a Walmart Supercenter. Carthage, Mississippi The City of Carthage is deeply committed to its economic development and growth. The City maintains a pro-business outlook that will benefit the residents and the city, as well as prospective business clients. Carthage offers exciting opportunities for businesses of all sizes to grow and expand. Since October 2012 Carthage has seen over 20 new or expanding businesses in the area at a cost over $30 million dollars. Carthage’s economy is dominated by the industries of Manufacturing, Accommodation & Food Service, and Educational Services, which combine to employ over 45% of Carthage’s working population. The Main Street Chamber of Leake County promotes the growth of Carthage by instituting tax incentives and offering consulting services to local businesses. A fully developed industrial park, a number of industrial buildings, and a strong local economy further attract businesses and residents to the area.