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    925 US-98 Columbia, MS

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    NNN Domino's with zero landlord responsibilities on main retail corridor.

    Type:RETAIL
    Property size:
    1,390 SF
    Lot size:
    0.44 Acres
    Price / 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

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    Listing Contact
    Peter Block

    Listing agent Peter Block

    Listing office Colliers | Chicago Rosemont

    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

    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.
    (312) 343-1800 Call to check price and availability
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