924 City Ave S Ripley, MS 38663

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 22 at 12:47PM Checked: Jul 22 at 12:47PM

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Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present the exclusive offering for a Huddle House located at 924 City Ave South in Ripley, MS. The site includes approximately 1,902 rentable square feet of building space on an estimated 1.07-acre parcel of land.

This property is subject to a 5-year absolute triple-net (NNN) lease that commences upon close of escrow. The proposed annual rent is $67,759, scheduled to increase by 2.00% annually. The lease structure and rent schedule are key considerations for buyers evaluating the cash flow profile of a single-tenant, long-term NNN investment.

The offering is presented as an NNN restaurant asset with a defined term and contractual rent escalations.

Key Highlights

• Single‑tenant Huddle House at 924 City Ave South in Ripley, MS
• Approximately 1,902 rentable SF building on an estimated 1.07‑acre parcel
• 5‑year absolute triple‑net (NNN) lease in place, commencing upon close of escrow

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FAQs

What type of property is this?

Conventional restaurant - Single-tenant Huddle House on an absolute triple-net lease with 2% annual rent increases.

Where is this conventional restaurant located?

The property is located at 924 City Ave S Ripley, MS.

What are key features of this property?

This property features: Single‑tenant Huddle House at 924 City Ave South in Ripley, MS; Approximately 1,902 rentable SF building on an estimated 1.07‑acre parcel; 5‑year absolute triple‑net (NNN) lease in place, commencing upon close of escrow