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3282 North Gloster Street, Tupelo, MS, 38804
Drive-Through NNN Restaurant

3282 North Gloster Street Tupelo, MS 38804

For Sale
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NNN leased drive-through restaurant with a brick-and-metal building on a 0.81-acre site and high parking ratio.

Property Size3,941 SF
Lot Size0.81 Acres
Price / SF$501.14
Days on Market318

Property Features for 3282 North Gloster Street

General Information

Standard status
Active
Size
3,941 SF
Lot size
0.81 Acres
Property subtype
Retail

Building Details

Year Built
2004
Listing Agency: TRI Inc Realtors
Listed By: Clay Short · License #MS S-27047
Source: Crexi
Added: Sep 10, 2025 Changed: Jul 23 Last Checked: Jul 23 at 4:02PM

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 TRI Inc Realtors


Investment Insights

Based on property information with market context.

This NNN leased drive-through restaurant is offered as a 100% fee-simple investment. The property includes a 3,941 SF brick-and-metal structure on a 0.81-acre parcel, with a reported high parking ratio of 12.43 per 1,000. The tenant, Waldo’s Chicken & Beer, operates under a 10-year initial term with two additional 5-year renewal options at market rent, as stated in the offering remarks.

The site is located at 3282 North Gloster Street in Tupelo, Mississippi, in what the remarks describe as a dominant retail corridor. Access and visibility are supported by a reported 20,000+ VPD traffic count and nearby national tenants, including Chili’s and Olive Garden. The property is described as positioned between MALCO Theaters and Target (currently under construction).

Overall, the asset combines a long-dated lease structure with a drive-through configuration and substantial parking on a single parcel.

Key Highlights

  • NNN leased drive‑through restaurant with a 3,941 SF brick‑and‑metal building (Year built: 2004)
  • Located at 3282 North Gloster Street on a 0.81‑acre parcel with a high parking ratio of 12.43/1,000
  • Waldo’s Chicken & Beer lease: 10‑year initial term with two 5‑year renewal options at market rent

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

HVAC Service Carpet & Flooring Store Home Appliance Store Pet Grooming Service Florist Law Firm Tanning Salon Garden Center Grocery & Convenience Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - NNN leased drive-through restaurant with a brick-and-metal building on a 0.81-acre site and high parking ratio.
Where is this nnn property located?
The property is located at 3282 North Gloster Street Tupelo, MS.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: NNN leased drive‑through restaurant with a 3,941 SF brick‑and‑metal building (Year built: 2004); Located at 3282 North Gloster Street on a 0.81‑acre parcel with a high parking ratio of 12.43/1,000; Waldo’s Chicken & Beer lease: 10‑year initial term with two 5‑year renewal options at market rent
(662) 842-8283 Call to check price and availability
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