Turnkey QSR Restaurant with
For Sale
$1,000,000
1002 Treetops Blvd, Flowood, MS 39232
Turnkey restaurant with a fully equipped commercial kitchen, indoor dining, and a drive-thru window for efficient service.
Property Size3,700 SF
Price / SF$270.27
Days on Market56
Property Features for 1002 Treetops Blvd
General Information
Standard status
Active
Size
3,700 SF
Class
B
Property subtype
Restaurant
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
Yes
Building Details
Building Size
3,700 SF
Year Built
1999
Listing Agency:
Sperry Commercial Global Affiliates - JD Johnson Realty
(601) 707-5555
Listed By:
Jon-David Johnson · License #17543
(601) 707-5555
Source:
Thebrokerlist
Added: Jun 28
Changed: Aug 21
Last Checked: Aug 21 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial Global Affiliates - JD Johnson Realty
Investment Insights
Based on property information with market context.
Fusion Thai & Cuisine is a turnkey quick-service restaurant currently in use and fully operating. The building provides 3,700 SF and includes an indoor dining area configured for both casual and seated service, along with a built-in dedicated bar area. The commercial kitchen is fully equipped and designed for efficiency and high-volume operations, with a walk-in cooler and additional storage. Customer amenities include two (2) well-maintained ADA-compliant restrooms, and the property also features a drive-thru window to support convenient, on-the-go ordering.
The restaurant is located along Treetops Blvd in Flowood, Mississippi, on a newly extended corridor connecting Lakeland Drive to Pearson Rd in Pearl. The property offers quick access to Lakeland Drive, and the listing notes proximity to Interstate 55 and Jackson’s International Airport. Ample parking is available on the site.
This offering is well-suited for a restaurant operator or buyer seeking a ready-to-run QSR concept with in-place kitchen equipment and dining improvements. With the drive-thru service component, dedicated bar area, ADA-compliant restrooms, and included customer furnishings and kitchen equipment, it presents a practical path to continued operations or straightforward rebranding within the restaurant space.
The restaurant is located along Treetops Blvd in Flowood, Mississippi, on a newly extended corridor connecting Lakeland Drive to Pearson Rd in Pearl. The property offers quick access to Lakeland Drive, and the listing notes proximity to Interstate 55 and Jackson’s International Airport. Ample parking is available on the site.
This offering is well-suited for a restaurant operator or buyer seeking a ready-to-run QSR concept with in-place kitchen equipment and dining improvements. With the drive-thru service component, dedicated bar area, ADA-compliant restrooms, and included customer furnishings and kitchen equipment, it presents a practical path to continued operations or straightforward rebranding within the restaurant space.
Key Highlights
- Turnkey QSR restaurant (Fusion Thai & Cuisine) built in 1999 and currently in use/fully operating
- 3,700 SF restaurant with indoor dining plus a built‑in dedicated bar area
- Fully equipped commercial kitchen with walk‑in cooler and additional storage space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,953
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,060
$939.1K
Cap Rate 7%
$670,757
$670.8K
Cap Rate 9%
$521,700
$521.7K
Market Conditions
NOI Build-Up for 3,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.6K $18.00/SF
− Vacancy
−$4.0K −$1.08/SF
EGI
$62.6K $16.92/SF
− OpEx
−$15.7K −$4.23/SF
NOI
$47.0K $12.69/SF
Area
Rankin County, MS
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,060
Cap Rate 7%
$670,757
Cap Rate 9%
$521,700
Alternative Uses
Best Use
Specialty Retail
$670.8K
$586.9K – $782.6K
NOI $46,953 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$888.0K – $1.18M
NOI $71,040 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39232, MS
9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with a fully equipped commercial kitchen, indoor dining, and a drive-thru window for efficient service.
Where is this conventional restaurant located?
The property is located at 1002 Treetops Blvd Flowood, MS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Turnkey QSR restaurant (Fusion Thai & Cuisine) built in 1999 and currently in use/fully operating; 3,700 SF restaurant with indoor dining plus a built‑in dedicated bar area; Fully equipped commercial kitchen with walk‑in cooler and additional storage space
