925 US-98, Columbia, MS
NNN Domino's with zero landlord responsibilities on main retail corridor.
- Added:
- Sep 12, 2023
- Days on Market:
- 1008
- Last Refresh:
- May 20 at 9:22 pm
Property Features for 925 US-98
General Information
- Standard status
- Active
- Size
- 1,390 SF
- Lot size
- 0.44 Acres
- Property subtype
- RETAIL
Listing agent Peter Block License #471002226 (312) 343-1800
Listing office Colliers | Chicago Rosemont (312) 343-1800
Listing date Sep 12, 2023
Source Moodyscre
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 Colliers | Chicago Rosemont
HighLights
- Absolute NNN lease provides a completely passive investment.
- New 10‑year lease will be created at the close of escrow, providing long‑term stability.
- Located on the main retail corridor (Hwy 98 E) in Columbia, MS, ensuring high visibility and traffic.
- 10% rental increases every 5 years in the base term and renewal options, offering increasing returns.
- Opportunity to invest in a growing Domino's franchisee experiencing 35% year‑over‑year growth.
- Offered at a 5.50% cap rate on a net operating income of $27,600.
Overview
Current Use by Public Records
Map
- City
- Columbia
- County
- Marion
- State
- Mississippi
- Longitude
- -89.8376
- Latitude
- 31.2518
