Current Use by Public Records
- Retail properties & Spaces
Property Details for 925 Us-98
- Lot size
- 0.40 lot acres
- Property type
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Marion
- State
- Mississippi
- Longitude
- -89.8145
- Latitude
- 31.2408
