107 Hwy 80th E Clinton, MS 39056-4738
- Grocery and convenience stores
- 85,139 SF
- 9.74 lot acres
Current Use by Public Records
- Western Union / Money Transfer Service
- Kroger Pharmacy / Pharmacy
- Kroger / Deli / Florist
- Ria Money Transfer - Kroger / Money Transfer Service
- SNOWFOX Sushi / Sushi Takeaway
Property Details for 107 Hwy 80th E
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 9.74 lot acres
- Property size
- 85,139 SF
- Property type
- Grocery and convenience stores
- APN
- 2861 0269 000
- APU
- 28610269000
Description
This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew drive-thru coffee shop located in Clinton, Mississippi. Built in 2024, this property sits on a 0.52-acre lot and benefits from a 20-year absolute NNN ground lease with a corporate guarantee. The lease includes 10% rent bumps every five years and four, five-year renewal options, ensuring long-term stability and income growth. The property boasts a 6.50% cap rate and a strong NOI of $125,000, with an asking price of $1,923,000 ($3,770.59/sq ft). Its prime location directly across from Mississippi College, a university with over 5,000 students, and near a high-performing Kroger grocery store, ensures high visibility and consistent customer traffic. The strategic positioning at the intersection of W Highway 80 (18,100+ vehicles per day) and Clinton Parkway (10,100+ vehicles per day) further enhances its appeal. 7 Brew's unique drive-thru-only business model, generating over $2.4 million in annual revenue, contributes to the property's exceptional financial performance. This offering is situated just eight miles from Jackson, Mississippi, in a city with a population exceeding 26,996. The property's current occupancy is 100%. This is a rare opportunity to acquire a high-performing, established business in a rapidly growing market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,730,000
- 6.5%
- $9,900,000
- 7%
- $9,195,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $7,484,000
Market price range: $3.59M - $11.6M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,810,000 Current use
- OFFICE BUILDING
- $8,875,000 Change: +14% Conversion: Easy
- RESTAURANT
- $8,370,000 Change: +7% Conversion: Easy
- AUTO REPAIR, GARAGE
- $7,445,000 Change: -5% Conversion: Difficult
- MEDICAL BUILDING
- $6,845,000 Change: -12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $6,840,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.3255
- Latitude
- 32.3345
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA