Drive-Through NNN
3515 U.S Highway 49, Collins, MS 39428
For Sale
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An absolute NNN lease assigns no maintenance responsibilities to the landlord.
Property Size2,187 SF
Price / SF$864.65
Days on Market27
Property Features for 3515 U.S Highway 49
General Information
Standard status
Size
Property subtype
Site & Location
Drive-Thru
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Winston Guest, CCIM · License CA #02046877
Source:
Crexi
Added: Oct 15
Changed: Nov 10
Last Checked: Nov 10 at 2:23PM
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 SRS Real Estate Partners - Global Company
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Investment Insights
Based on property information with market context.
The Taco Bell property includes a 2,187-square-foot drive-through restaurant built in 2022. Its absolute NNN lease has a 25-year initial term, with approximately 21 years remaining and six five-year extension options. Rent increases by 10% every five years during the initial term and extensions, with the next adjustment scheduled for December 2027. Pacific Bells, LLC, the tenant, operates more than 300 Taco Bell restaurants across 11 states.
The site fronts U.S. Highway 49, where approximately 26,000 vehicles pass daily. Nearby businesses include McDonald’s, Hardee’s, O’Reilly Auto Parts, Dollar General, and ExxonMobil. Collins Junior High School and Covington County Hospital are also nearby, as is Wayne-Sanderson Farms. The five-mile trade area has an estimated 2026 population of 5,074 and average household income of approximately $61,949.
The site fronts U.S. Highway 49, where approximately 26,000 vehicles pass daily. Nearby businesses include McDonald’s, Hardee’s, O’Reilly Auto Parts, Dollar General, and ExxonMobil. Collins Junior High School and Covington County Hospital are also nearby, as is Wayne-Sanderson Farms. The five-mile trade area has an estimated 2026 population of 5,074 and average household income of approximately $61,949.
Key Highlights
- Absolute NNN lease with approximately 21 years remaining on a 25‑year initial term
- Six 5‑year extension options and 10% rent increases every five years; next increase in Dec. 2027
- 2,187‑square‑foot drive‑through restaurant constructed in 2022
Property Analytics
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Current Use
Lease Details
26,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 39428, MS
8,726
Population
4,068
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
178.1 sq mi
ZIP Area
49
Density / Sq Mi
$45,840
Median Household Income
$30,605
Median Earnings
$642
Median Rent
$99,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - An absolute NNN lease assigns no maintenance responsibilities to the landlord.
Where is this nnn property located?
The property is located at 3515 U.S Highway 49 Collins, MS.
What is the asking price?
The asking price for this property is $1,891,000.
What are key features of this property?
This property features: Absolute NNN lease with approximately 21 years remaining on a 25‑year initial term; Six 5‑year extension options and 10% rent increases every five years; next increase in Dec. 2027; 2,187‑square‑foot drive‑through restaurant constructed in 2022
