925 US-98 Columbia, MS
Call to check price and availability
NNN Domino's with zero landlord responsibilities on main retail corridor.
Type:RETAIL
Property size:
1,390 SFLot size:
0.44 AcresPrice / SF:
$361/SF- Added:
- Sep 12, 2023
- Days on Market:
- 962
- Last Refresh:
- Apr 5 at 11:18 pm
Property Features for 925 US-98
General Information
- Standard status
- Active
- Size
- 1,390 SF
- Lot size
- 0.44 Acres
- Property subtype
- RETAIL
Listing agent Peter Block (312) 343-1800
Listing office Colliers | Chicago Rosemont (312) 343-1800
Listing date Sep 12, 2023
Source Moodyscre
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 Colliers | Chicago Rosemont
Overview
Columbia, MS Domino's Sale-Leaseback
This is an opportunity to purchase a sale-leaseback of a Domino’s located at 925 Hwy 98 E, Columbia, MS 39429. The property is situated on the main retail corridor running east to west in the southern section of Columbia, MS. The 1,390 square foot property is offered at $501,818, translating to a 5.50% cap rate on a net operating income of $27,600. A new 10-year absolute NNN lease will be created at the close of escrow, offering zero landlord responsibilities or expenses. The lease includes 10% rental increases every 5 years in the base term and through the five-year options to renew. This investment opportunity allows you to buy into a growing franchisee also experiencing 35% year-over-year growth in his business. The vast majority of QSR’s in the market are performing at the top of their brands nationally. Brands in the market include McDonalds, Wendy’s, Taco Bell, Hardee’s, Burger King, and Rajun Cajuns.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Map
- City
- Columbia
- County
- Marion
- State
- Mississippi
- Longitude
- -89.8376
- Latitude
- 31.2518
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - NNN Domino's with zero landlord responsibilities on main retail corridor.
Where is this drive through 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: Absolute NNN lease provides a completely passive investment.; New 10‑year lease will be created at the close of escrow, providing long‑term stability.; Located on the main retail corridor (Hwy 98 E) in Columbia, MS, ensuring high visibility and traffic.
