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730 E Madison St
Houston, MS 38851
Checkers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Proven Operator with Over 30 Year of Experience in the Industry.
- Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window.
- Situated Adjacent From Walmart and in Close Proximity to Many National Retailers Including Dollar Tree, KFC, McDonald's, Subway, and Save-a-Lot.
- Excellent Visibility with Frontage and Signage Along Hwy 8 Which Has daily traffic counts exceeding 19,200 vehicles.
- Checkers and Rally's Operate Over 820 Locations in 28 States.
EXECUTIVE SUMMARY
Absolute NNN Lease | Zero Landlord Responsibilities. 25-Year Sale Leaseback Commencing at Close of Escrow. Brand New Site Equipped with Outdoor Patio.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
844 SF
Building Class
B
Year Built
2022
Price
$1,070,000
Price Per SF
$1,267.77
Cap Rate
7.01%
NOI
$75,000
Tenancy
Single
Building Height
1 Story
Lot Size
4.89 AC
Opportunity Zone
Yes
Parking
14 Spaces (16.59 Spaces per 1,000 SF Leased)
Frontage
155’ on East Madison Street
PROPERTY TAXES
| Parcel Number | 1-102C-04-015.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $25,589 |
PROPERTY TAXES
Parcel Number
1-102C-04-015.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$25,589
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