675 Highland Colony Pky | Ridgeland, MS 39157
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
675 Highland Colony Pky
Ridgeland, MS 39157
Wendy’s Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20 year Ground Lease with 2.50% rental increases every 5 years and Percentage Rent of 3.00% of Gross Sales in excess of $2,500,000.
- Tenant on the lease is Wendelta, Inc., which operates 155 Wendy’s locations across the United States.
- Average household income over $151,000 in a 1-mile radius and a population exceeding 93,000 in a 5-mile radius.
- Wendy’s Restaurant will open on November 27th, 2020.
- Well located on outlot to Costco with high traffic counts of 116,000 vehicles per day on Interstate-55.
- Ridgeland, MS is located 1 miles north of Jackson, MS and is considered part of the Jackson metropolitan area.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,635 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
PROPERTY TAXES
| Parcel Number | 071G-25C-007/02.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $157,502 |
PROPERTY TAXES
Parcel Number
071G-25C-007/02.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$157,502
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
