KFC Absolute NNN
For Sale
Contact for pricing
225 Pinola Dr, Magee, MS 39111
Restaurant property structured with an absolute NNN lease and identified 8% cap rate.
Property Size2,550 SF
Price / SF$362.75
Days on Market175
Property Features for 225 Pinola Dr
General Information
Standard status
Active
Size
2,550 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$73,989
Additional Details
Cap Rate
8%
Building Details
Year Renovated
2019
Tenancy
Single
Listing Agency:
Silber Investment Properties Ltd
Listed By:
Dylan Silber · License #NY 10401349050
Source:
Crexi
Added: Mar 9
Changed: Aug 29
Last Checked: Aug 29 at 1:49PM
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 Silber Investment Properties Ltd
Investment Insights
Based on property information with market context.
This KFC restaurant property is offered as an NNN real estate asset in Magee, Mississippi. The lease structure is identified as absolute NNN, providing a clearly defined framework for the offering.
The property is located at 225 Pinola Dr, Magee, MS 39111. An 8% cap rate is identified with the offering, and the property information lists the asset as both a restaurant and an NNN property.
The property is located at 225 Pinola Dr, Magee, MS 39111. An 8% cap rate is identified with the offering, and the property information lists the asset as both a restaurant and an NNN property.
Key Highlights
- KFC restaurant property in Magee, MS
- Absolute NNN lease structure
- 8% cap rate identified
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,343
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$566,860
$566.9K
Cap Rate 7%
$404,900
$404.9K
Cap Rate 9%
$314,922
$314.9K
Market Conditions
NOI Build-Up for 2,550 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.8K $15.60/SF
− Vacancy
−$2.0K −$0.78/SF
EGI
$37.8K $14.82/SF
− OpEx
−$9.4K −$3.70/SF
NOI
$28.3K $11.11/SF
Area
Simpson County, MS
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$566,860
Cap Rate 7%
$404,900
Cap Rate 9%
$314,922
Alternative Uses
Best Use
Specialty Retail
$404.9K
$354.3K – $472.4K
NOI $28,343 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,588 @ 7.0% cap · market cap 3.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 39111, MS
9,517
Population
4,049
Households
2.4
Avg Household Size
39
Median Age
15%
College-Educated
79%
High-School Grad
141.5 sq mi
ZIP Area
67
Density / Sq Mi
$46,399
Median Household Income
$30,586
Median Earnings
$794
Median Rent
$119,200
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 - Restaurant property structured with an absolute NNN lease and identified 8% cap rate.
Where is this nnn property located?
The property is located at 225 Pinola Dr Magee, MS.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: KFC restaurant property in Magee, MS; Absolute NNN lease structure; 8% cap rate identified
