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925 Us-98 Columbia, MS 39429

Sponsored
For Sale
$501,818

Mississippi QSR, 10-Year Lease

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a Domino's Pizza franchise located at 925 US-98, Columbia, MS 39429. The property, a 0.4-acre lot, features a single-tenant, net-leased (NNN) building with a 10-year lease remaining, offering a passive investment with zero landlord responsibilities. The current asking price is $501,818, yielding a 5.50% cap rate based on a net operating income (NOI) of $27,600. The lease includes a 10% rent increase every five years, providing significant long-term growth potential. The property benefits from a prime location on a major retail corridor, near Marion General Hospital and a Walmart, ensuring high visibility and strong traffic. The tenant, a proven franchisee, is experiencing substantial year-over-year growth. Lease options for an additional 4 or 5 years are available. This investment offers a compelling combination of strong brand recognition, a stable tenant, and attractive financial returns. The property is situated in a thriving market with other established QSR brands, indicating a robust and competitive environment. This is an ideal opportunity for investors seeking a low-risk, high-return, passive income stream.

Property Features for 925 Us-98

General Information

Property type
Restaurants
Lot Size
17,424 SF

HighLights

  • Domino's Pizza franchise investment opportunity in Columbia, MS. $501,818 asking price, 5.50% cap rate, $27,600 NOI.
  • 0.4‑acre lot with a single‑tenant, NNN building and a 10‑year lease remaining, plus options for 4 or 5 year extensions. 10% rent increase every five years.
  • Prime location on a major retail corridor, near Marion General Hospital and a Walmart.
  • Proven franchisee with substantial year‑over‑year growth.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Columbia
County
Marion
State
Mississippi
Longitude
-89.814548375878
Latitude
31.240772021949

FAQs

What type of property is this?
Restaurant - Mississippi QSR, 10-Year Lease
Where is this restaurant located?
The property is located at 925 Us-98 Columbia, MS.
What is the asking price?
The asking price for this property is $501,818.
What are key features of this property?
This property features: Domino's Pizza franchise investment opportunity in Columbia, MS. $501,818 asking price, 5.50% cap rate, $27,600 NOI.; 0.4-acre lot with a single-tenant, NNN building and a 10-year lease remaining, plus options for 4 or 5 year extensions. 10% rent increase every five years.; Prime location on a major retail corridor, near Marion General Hospital and a Walmart.
More about this property
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