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    3320 N Hills St Meridian, MS 39305

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    For Sale
    $1,925,926

    NNN leased Pizza Hut in Meridian, Mississippi for sale.

    Property size:
    2,046 SF
    Lot size:
    0.72 Acres

    Property Features for 3320 N Hills St

    General Information

    Size
    2,046 SF
    Lot size
    0.72 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pizza Hut NNN Investment

    The property is a Pizza Hut located at 3321 North Hills Street, Meridian, Mississippi. It features approximately 2046 rentable square feet of building space on an estimated 0.46-acre parcel of land. The property is subject to a 15-year Triple Net (NNN) lease, which will commence upon the close of escrow. The annual rent is $130,000, with scheduled increases of 10.00% every 5 years.
    Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.71083
    Latitude
    32.408108

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    FAQs

    What type of property is this?
    Turn key restaurant - NNN leased Pizza Hut in Meridian, Mississippi for sale.
    Where is this turn key restaurant located?
    The property is located at 3320 N Hills St Meridian, MS.
    What is the asking price?
    The asking price for this property is $1,925,926.
    What are key features of this property?
    This property features: - 15-year Triple Net (NNN) lease provides a stable investment opportunity.; - Annual rent of $130,000 offering immediate returns.; - Scheduled rent increases of 10.00% Every 5 Years ensures growing income.
    (332) 345-2408
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    3320 N Hills St Meridian, MS 39305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3320 N Hills St Meridian, MS 39305
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