312 Stribling Ln Brandon, MS 39042-6614

This exceptional investment opportunity presents a 2,200 square foot Starbucks located in Brandon, Mississippi, on a 0.82-acre lot. Built in 2020, the property boasts a 10.1-year corporate net lease with a highly-rated tenant (S&P BBB+), offering a remaining lease term of 5.3 years. The lease includes four 5-year renewal options with a 10% rent increase every five years throughout the primary term and options. The property generates a strong NOI of $140,681, resulting in a 6.25% cap rate. This prime retail location is situated in a dense retail corridor, just two miles from Jackson-Medgar Wiley Evers International Airport (1.29 million passengers in 2023), and enjoys excellent highway visibility with access to Interstate 20 (21,800+ vehicles per day). Nearby national retailers include Walmart, Home Depot, Kroger, CVS, Walgreens, Chick-fil-A, McDonald's, Big Lots, and Dollar Tree. The asking price is $2,251,000, translating to $1,023.18 per square foot. This is a rare opportunity to acquire a high-performing, net-leased Starbucks in a thriving Mississippi market. The property is a single-story building with 100% occupancy. The address is 312 Stribling Ln, Brandon, MS 39042. Brandon's population exceeds 25,142, and the property is conveniently located approximately 8 miles from downtown Jackson.