NNN-Leased Free-Standing
314 E Carpenter Street Cleveland, MS 38732
For Sale
Contact for pricing
Long-term absolute NNN lease with Backyard Burgers, zero landlord obligations, and annual increases through 2070.
Days on Market105
Property Features for 314 E Carpenter Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency:
The Kase Group
(925) 348-1844
Listed By:
Kase Abusharkh · License #TX 708586
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 9:07AM
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 The Kase Group
Investment Insights
Based on property information with market context.
The offering presents a long-term leasehold interest in a free-standing restaurant property governed by an absolute NNN lease with Backyard Burgers. The lease structure specifies zero landlord obligations and includes annual increases. The operator provides a personal guarantee, and Backyard Burgers operates 7 stores. The leasehold runs through 2070.
The property sits on land owned by the Board of Education of the Bolivar County School District. The parcel is held under a 16th section lease.
For context on the underlying land arrangement, Mississippi has 640,000 acres of 16th Section Public School Trust Land owned by 106 local school districts.
The property sits on land owned by the Board of Education of the Bolivar County School District. The parcel is held under a 16th section lease.
For context on the underlying land arrangement, Mississippi has 640,000 acres of 16th Section Public School Trust Land owned by 106 local school districts.
Key Highlights
- Long‑term leasehold interest offered under an absolute NNN lease with Backyard Burgers.
- Lease structure calls for zero landlord obligations.
- Annual lease increases included under the lease terms.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
NNN property - Long-term absolute NNN lease with Backyard Burgers, zero landlord obligations, and annual increases through 2070.
Where is this nnn property located?
The property is located at 314 E Carpenter Street Cleveland, MS.
What are key features of this property?
This property features: Long‑term leasehold interest offered under an absolute NNN lease with Backyard Burgers.; Lease structure calls for zero landlord obligations.; Annual lease increases included under the lease terms.
