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5034 U.S. 98
Hattiesburg, MS 39402
Popeye's · Retail Property For Sale
Investment Highlights
- ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES | ± 19.6 YEARS REMAINING TERM
- 5th LARGEST POPEYES FRANCHISEE | HIGH PERFORMING SITE | HEALTHY RENT TO SALES RATIO
- DEMOGRAPHIC PROFILE SUPPORTIVE OF HIGH QSR VOLUME
- GLOBALLY RECOGNIZED BRAND | SECOND-LARGEST CHICKEN CHAIN
- TURTLE CREEK MALL | ± 845,000 SF & 70+ stores
- QSR INDUSTRY GROWTH
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
2,196 SF
Building Class
C
Year Built
1991
Price
$2,838,583
Price Per SF
$1,292.62
Cap Rate
6%
NOI
$170,315
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.56 AC
Parking
36 Spaces (16.39 Spaces per 1,000 SF Leased)
Frontage
130’ on Hardy St
Amenities
- Restaurant
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 051P-11-047.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $67,848 |
Property Taxes
Parcel Number
051P-11-047.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$67,848
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