Huddle House NNN
For Sale
Contact for pricing
924 City Ave S, Ripley, MS 38663
Single-tenant Huddle House on an absolute triple-net lease with 2% annual rent increases.
Property Size1,902 SF
Lot Size1.07 Acres
Days on Market127
Property Features for 924 City Ave S
General Information
Standard status
Active
Size
1,902 SF
Lot size
1.07 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 8
Last Checked: Jul 22 at 12:47PM
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.
Marcus & Millichap is pleased to present the exclusive offering for a Huddle House located at 924 City Ave South in Ripley, MS. The site includes approximately 1,902 rentable square feet of building space on an estimated 1.07-acre parcel of land.
This property is subject to a 5-year absolute triple-net (NNN) lease that commences upon close of escrow. The proposed annual rent is $67,759, scheduled to increase by 2.00% annually. The lease structure and rent schedule are key considerations for buyers evaluating the cash flow profile of a single-tenant, long-term NNN investment.
The offering is presented as an NNN restaurant asset with a defined term and contractual rent escalations.
This property is subject to a 5-year absolute triple-net (NNN) lease that commences upon close of escrow. The proposed annual rent is $67,759, scheduled to increase by 2.00% annually. The lease structure and rent schedule are key considerations for buyers evaluating the cash flow profile of a single-tenant, long-term NNN investment.
The offering is presented as an NNN restaurant asset with a defined term and contractual rent escalations.
Key Highlights
- Single‑tenant Huddle House at 924 City Ave South in Ripley, MS
- Approximately 1,902 rentable SF building on an estimated 1.07‑acre parcel
- 5‑year absolute triple‑net (NNN) lease in place, commencing upon close of escrow
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
35k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 85%
Shops & Services 8%
Dining 6%
Walmart
Superstores
29,698 visits/mo
0.3 miles
AutoZone
Shops & Services
2,953 visits/mo
0.4 miles
Checkers
Dining
2,105 visits/mo
0.4 miles
Demographics for 38663, MS
11,561
Population
5,665
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
82%
High-School Grad
189.2 sq mi
ZIP Area
61
Density / Sq Mi
$52,298
Median Household Income
$35,950
Median Earnings
$685
Median Rent
$137,600
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?
Conventional restaurant - Single-tenant Huddle House on an absolute triple-net lease with 2% annual rent increases.
Where is this conventional restaurant located?
The property is located at 924 City Ave S Ripley, MS.
What are key features of this property?
This property features: Single‑tenant Huddle House at 924 City Ave South in Ripley, MS; Approximately 1,902 rentable SF building on an estimated 1.07‑acre parcel; 5‑year absolute triple‑net (NNN) lease in place, commencing upon close of escrow
