3316 Pemberton Sq Blvd Vicksburg, MS 39180-5577
- Turn key restaurants
- 5,519 SF
- 0.12 lot acres
Apr 29, 2022
Current Use by Public Records
- Turn key restaurants
Property Details for 3316 Pemberton Sq Blvd
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 5,519 SF
- Property type
- Turn key restaurants
- APN
- 108-12-30 -9999- -0008.07
- APU
- 10812309999000807
Description
This exceptional investment opportunity presents a brand-new, fee-simple Zaxby's restaurant in Vicksburg, Mississippi. The property boasts a 3,500-square-foot building situated on a one-acre lot at 3316 Pemberton Square Blvd, zip code 39180. Secured by a 20-year triple-net (NNN) lease with a franchisee tenant, this investment offers a stable and predictable income stream. The annual net operating income (NOI) is $161,000, yielding a 6.25% cap rate. The lease commenced in 2024 and includes a 10% rent increase every five years, ensuring future growth. This location benefits from its proximity to a high-performing Walmart Supercenter and a dense retail corridor including Kroger, Home Depot, TJ Maxx, Dillard's, Belk, and Starbucks. High daily traffic counts on Pemberton Square Blvd (6,700 vehicles) and nearby major roadways (78,000 vehicles) further enhance the property's value and potential. This is a rare opportunity to acquire a strong-performing, long-term net lease investment in a prime retail location. The asking price is $2,576,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vicksburg
- County
- Warren
- State
- Mississippi
- Longitude
- -90.8793
- Latitude
- 32.3158
- CBSA code
- 46980
- CBSA name
- VICKSBURG, MS MICROPOLITAN STATISTICAL AREA
