Drive-Through NNN
For Sale
Contact for pricing
3282 North Gloster Street, Tupelo, MS 38804
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 Market324
Property Features for 3282 North Gloster Street
General Information
Standard status
Active
Size
3,941 SF
Lot size
0.81 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
20,000 vehicles/day
Building Details
Year Built
2004
Construction
brick-and-metal
Tenancy
Single
Listing Agency:
TRI Inc Realtors
(662) 842-8283
Listed By:
Clay Short · License #MS S-27047
Source:
Crexi
Added: Sep 10, 2025
Changed: Jul 23
Last Checked: Jul 30 at 1:26PM
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.
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
Current Use
Lease Details
20,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 38804, MS
17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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
