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NNN Property with Established Tenant
For Sale
Contact for pricing
Pending

337 W Main Street, Philadelphia, MS 39350

Commercial building leased to Little Caesars Pizza under a long-term lease with tenant-paid taxes and non-structural maintenance.

Property SizeContact for details
Days on Market141

Property Features for 337 W Main Street

General Information

Standard status Pending
Property subtype Retail

Financials

Asking Price $285,000
Gross Income $26,136

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Farmer Commercial Properties
Listed By: Jane Waide · License #22084
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 5:11PM

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 Farmer Commercial Properties

Investment Insights

Based on property information with market context.

This NNN property is a commercial building occupied by Little Caesars Pizza, which has operated at the site since July 2014. The existing lease extends through June 2029 and includes one remaining renewal option covering July 2029 through June 2034.

The lease structure assigns property taxes and non-structural maintenance to the tenant, while the tenant also handles its own HVAC repairs and replacement. The landlord remains responsible for insurance. Positioned at 337 W Main Street, the building occupies a corner location within Philadelphia’s West Main Street commercial corridor.

Key Highlights

  • Little Caesars Pizza has occupied the property since July 2014
  • Lease term runs through June 2029
  • One renewal option remains for July 2029–June 2034

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Daycare Center Auto Repair Shop

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

35
Businesses Nearby

Demographics for 39350, MS

24,480
Population
9,774
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
82%
High-School Grad
413.4 sq mi
ZIP Area
59
Density / Sq Mi
$50,331
Median Household Income
$31,179
Median Earnings
$740
Median Rent
$96,900
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 - Commercial building leased to Little Caesars Pizza under a long-term lease with tenant-paid taxes and non-structural maintenance.
Where is this nnn property located?
The property is located at 337 W Main Street Philadelphia, MS.
What are key features of this property?
This property features: Little Caesars Pizza has occupied the property since July 2014; Lease term runs through June 2029; One renewal option remains for July 2029–June 2034
More about this property
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