1208 Sunset Dr, Grenada, MS 38901

Building Details

Year Built

2022

Listing office Marcus & Millichap | The Patel Yozwiak Group

Listing date Jun 30, 2026

Source Crexi

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 Marcus & Millichap | The Patel Yozwiak Group

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Overview

Captain D’s Seafood Restaurant is a newly constructed 2022 drive-through restaurant property offered for sale with a Triple Net lease structure. The building totals about 3,000 square feet and sits on approximately 0.89 acres. The site includes a large lighted parking lot with 32 spaces and a dedicated drive-thru lane to support quick service operations.

The property is positioned on a signalized corner along Sunset Drive, providing high visibility with traffic counts reported at 23,000 vehicles per day. It functions as an outparcel to Grenada Square shopping center and features a lighted pylon sign. Two points of ingress/egress support convenient customer access.

For an owner-operator or investor, the lease is reported to have 16+ years remaining, with base rent featuring 10% rental increases every five years throughout the base term and each of four 5-year renewal options. The offering is fee simple, providing the buyer with the highest form of real estate ownership and direct control over the asset. This combination of a newer build, drive-through site design, and long-term lease remaining can be appealing for those seeking a stable, maintenance-accountable NNN investment in a well-defined retail outparcel setting.

Suggested Use

Real Estate Agency Big Box & Wholesale Store Law Firm Food Market Grocery & Convenience Store Skin Care Clinic Kitchen & Bath Showroom Hotel & Motel Building Supply Electrical Service

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

Location Insight

• Map
• Local Demand

City

Grenada

County

Grenada

State

Mississippi

Longitude

-89.821055

Latitude

33.774691

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FAQs

What type of property is this?

Drive through restaurant - Triple-net drive-through restaurant with 16+ years remaining on the lease, positioned on a signalized corner with strong parking.

Where is this drive through restaurant located?

The property is located at 1208 Sunset Dr Grenada, MS.

What is the asking price?

The asking price for this property is $1,131,400.

What are key features of this property?

This property features: Captain D's Seafood Restaurant built in 2022 with 16+ years remaining on the Triple Net lease; 3,000 SF restaurant on approximately 0.89 acres with drive‑thru lane and large lighted parking lot; Signalized corner location on Sunset Dr with traffic count of 23,000 vehicles per day