925 Us-98 Columbia, MS

This is an opportunity to purchase a sale-leaseback of a Domino’s located at 925 Hwy 98 E, Columbia, MS 39429. The property is situated on the main retail corridor running east to west in the southern section of Columbia, MS. The 1,390 square foot property is offered at $501,818, translating to a 5.50% cap rate on a net operating income of $27,600. A new 10-year absolute NNN lease will be created at the close of escrow, offering zero landlord responsibilities or expenses. The lease includes 10% rental increases every 5 years in the base term and through the five-year options to renew. This investment opportunity allows you to buy into a growing franchisee also experiencing 35% year-over-year growth in his business. The vast majority of QSR’s in the market are performing at the top of their brands nationally. Brands in the market include McDonalds, Wendy’s, Taco Bell, Hardee’s, Burger King, and Rajun Cajuns.