For Sale
$501,818

925 Us-98Columbia, MS 39429

Mississippi QSR, 10-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • Domino's Pizza franchise investment opportunity in Columbia, MS. $501,818 asking price, 5.50% cap rate, $27,600 NOI.
  • 0.4-acre lot with a single-tenant, NNN building and a 10-year lease remaining, plus options for 4 or 5 year extensions. 10% rent increase every five years.
  • Prime location on a major retail corridor, near Marion General Hospital and a Walmart.
  • Proven franchisee with substantial year-over-year growth.

Property Details for 925 Us-98

Property type
Retail properties
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Columbia
County
Marion
State
Mississippi
Latitude
31.240772021949
Longitude
-89.814548375878
925 Us-98, Columbia, Mississippi

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925 Us-98
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