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- LoopNet Team
919-920 Highway 98 Byp
Columbia, MS 39429
Burger King · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Restaurant
- Drive Thru
ABOUT 919-920 HIGHWAY 98 BYP , COLUMBIA, MS 39429
LONG-TERM, WORRY-FREE INVESTMENT • Brand New Development – This store was recently built in 2018 to match the latest Burger King prototype • Long-Term Lease – Tenant to sign brand new lease with Four (4), 5-Year options to extend at close of escrow • Absolute NNN Lease – Tenant takes care of all landlord responsibilities including tax, insurance, maintenance, roof and structure • Growing Cash Flow – There are 8% increases every 5 years – Excellent hedge against inflation! EXCELLENT TENANT WITH STRONG GROWTH MODEL AND BALANCE SHEET • GPS Hospitality – One of the three largest Burger King operators in the country • High Growth Operator – GPS Hospitality has 475+ Burger King, Popeyes, & Pizza Hut restaurants across, Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Mississippi, New Jersey, Michigan, Pennsylvania, and West Virginia • Tenant with Long-Term Outlook – GPS has seen consistent year-over-year revenue growth and has a strong remodel and growth strategy • Healthy Cash Flow – Franchise Times reports that GPS Hospitality has revenues over $650 million and is halfway to its 10-year goal of $1 billion in annual revenue FANTASTIC REAL ESTATE • Main Retail Corridor – Nearby national tenants include Walmart Supercenter, McDonald’s, AutoZone, Dollar Tree, Domino’s Pizza, Subway, and many more
PROPERTY TAXES
| Parcel Number | 080-09-000-09-027.04 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $143,271 |
PROPERTY TAXES
