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Whataburger Drive-Through Restaurant
For Sale
$2,038,000

1724 Old Fannin Rd, Flowood, MS 39232

Drive-through restaurant property with a corporate-guaranteed lease along Old Fannin Road in Flowood.

Property Size3,816 SF
Lot Size1.39 Acres
Price / SF$534.07
Days on Market151

Property Features for 1724 Old Fannin Rd

General Information

Standard status Active
Size 3,816 SF
Lot size 1.39 Acres
Property subtype Restaurant

Additional Details

Traffic Count 60,000 vehicles/day

Amenities

Corporate-Guaranteed Absolute NNN Ground Lease with Zero Landlord Responsibilities
Low Price Point with Extremely Low Rent of Just $96,800 Per Year
Backed by One of the Most Desirable QSR Brands, with Over 800 Locations and 43,000 Employees Nationwide
Flowood is Located Just 10 Miles from Jackson, MS and is a Major Hub for Recreational Activity for Residents and Visitors Alike

Building Details

Building Size 3,816 SF
Listing Agency: Marcus & Millichap | Memphis
Listed By: Mickey Davis · License #License(s) MS: 15586
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 9:20PM

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 | Memphis

Investment Insights

Based on property information with market context.

This Whataburger restaurant property includes a 3,816-square-foot building on an approximately 1.39-acre parcel. The asset is subject to a corporate-guaranteed lease and is positioned near the Old Fannin Road and Lakeland Drive intersection in Flowood.

Lakeland Drive provides a direct connection to downtown Jackson and carries approximately 60,000 cars per day. The surrounding retail environment includes numerous national-credit tenants and complementary commercial uses. Nearby development includes Waterpointe, an approximately 240-acre mixed-use project planned with more than 240 luxury units along with retail, office, and recreational components.

The property is located within the Jackson, MS MSA, which has more than 600,000 residents. Average household income exceeds $115,000 within three miles, and the surrounding submarket is characterized by low vacancy and ongoing retail demand.

Key Highlights

  • 3,816‑square‑foot Whataburger drive‑through restaurant
  • Approximately 1.39‑acre parcel along Old Fannin Road
  • Approximately 60,000 cars per day near the Lakeland Drive intersection

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
333k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 41% Apparel 23% Electronics 12% Shops & Services 11%
Target Superstores
135,051 visits/mo 0.2 miles
Academy Sports + Outdoors Apparel
75,441 visits/mo 0.2 miles
Best Buy Electronics
39,590 visits/mo 0.3 miles
PetSmart Shops & Services
24,286 visits/mo 0.3 miles
SONIC Drive In Dining
17,550 visits/mo 0.2 miles

Demographics for 39232, MS

9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Drive-through restaurant property with a corporate-guaranteed lease along Old Fannin Road in Flowood.
Where is this drive through restaurant located?
The property is located at 1724 Old Fannin Rd Flowood, MS.
What is the asking price?
The asking price for this property is $2,038,000.
What are key features of this property?
This property features: 3,816‑square‑foot Whataburger drive‑through restaurant; Approximately 1.39‑acre parcel along Old Fannin Road; Approximately 60,000 cars per day near the Lakeland Drive intersection
More about this property
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