Triple-Net Restaurant
For Sale
Contact for pricing
396 E Main St, Senatobia, MS 38668
Popeyes restaurant on an estimated 0.58-acre parcel, offered with a 20-year absolute NNN lease.
Property Size2,712 SF
Lot Size0.58 Acres
Days on Market132
Property Features for 396 E Main St
General Information
Standard status
Active
Size
2,712 SF
Lot size
0.58 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 14 at 7:42AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Popeyes restaurant property is offered for sale as a triple-net investment and is subject to a 20-year absolute NNN lease. The building includes roughly 2,712 rentable square feet on an estimated 0.58-acre parcel of land. The lease commenced January 30, 2020.
The current annual rent is $130,876, with scheduled 1.00% annual increases throughout the base term and in each of the six, five-year renewal options.
The sale presents a single-tenant, long-term leased restaurant asset in Senatobia, Mississippi.
The current annual rent is $130,876, with scheduled 1.00% annual increases throughout the base term and in each of the six, five-year renewal options.
The sale presents a single-tenant, long-term leased restaurant asset in Senatobia, Mississippi.
Key Highlights
- Popeyes restaurant at 396 E. Main Street in Senatobia, MS
- Approximately 2,712 rentable SF on an estimated 0.58‑acre parcel
- 20‑year absolute triple‑net (NNN) lease commenced January 30, 2020
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
148k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 27%
Home Improvements & Furnishings 4%
Apparel 1%
McDonald's
Dining
24,348 visits/mo
0.3 miles
SONIC Drive In
Dining
19,520 visits/mo
0.4 miles
Circle K
Shops & Services
17,948 visits/mo
0.1 miles
Wendy's
Dining
13,042 visits/mo
0.1 miles
Marathon
Shops & Services
11,978 visits/mo
0.1 miles
Demographics for 38668, MS
14,482
Population
5,301
Households
2.7
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
160.3 sq mi
ZIP Area
90
Density / Sq Mi
$67,675
Median Household Income
$35,671
Median Earnings
$872
Median Rent
$222,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Popeyes restaurant on an estimated 0.58-acre parcel, offered with a 20-year absolute NNN lease.
Where is this nnn property located?
The property is located at 396 E Main St Senatobia, MS.
What are key features of this property?
This property features: Popeyes restaurant at 396 E. Main Street in Senatobia, MS; Approximately 2,712 rentable SF on an estimated 0.58‑acre parcel; 20‑year absolute triple‑net (NNN) lease commenced January 30, 2020
