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Raising Cane’s NNN Property
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202 E Layfair Dr, Flowood, MS 39232

Absolute NNN lease includes annual increases, extension options, and a corporate guarantee.

Property Size3,488 SF
Lot Size1.07 Acres
Days on Market143

Property Features for 202 E Layfair Dr

General Information

Standard status Active
Size 3,488 SF
Lot size 1.07 Acres
Property subtype Retail

Building Details

Year Built 2004
Buildings 1
Tenancy Single
Listing Agency: Trilogy Core LLC
Listed By: Mark McLoone · License #TX 809405
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:36PM

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 Trilogy Core LLC

Investment Insights

Based on property information with market context.

This Raising Cane’s property includes a ±3,488-square-foot restaurant building on approximately ±1.07 acres. Constructed in 2004, the asset is subject to an absolute NNN lease scheduled to run through April 30, 2034. The agreement provides 1.5% annual increases, five 5-Year options with cumulative CPI adjustments every five years, and a corporate guarantee.

The property is located at 202 E Layfair Dr in Flowood, Mississippi. Nearby retail and service users include McAlister’s Deli, Wendy’s, Golden Corral, Wells Fargo Bank, and Best Western Plus. Medical facilities in the surrounding area include Merit Health Woman’s Hospital, Merit Health River Oaks, and The Children’s Clinic.

Key Highlights

  • ±3,488 square feet on ±1.07 acres
  • Absolute NNN lease through April 30, 2034
  • 1.5% annual lease increases

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Plumbing Service Pet Grooming Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,097
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease includes annual increases, extension options, and a corporate guarantee.
Where is this nnn property located?
The property is located at 202 E Layfair Dr Flowood, MS.
What are key features of this property?
This property features: ±3,488 square feet on ±1.07 acres; Absolute NNN lease through April 30, 2034; 1.5% annual lease increases
More about this property
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