For Sale
$2,576,000

3316 Pemberton Square BlvdVicksburg, MS 39180

Mississippi QSR, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • 4-minute drive to a top-performing Walmart Supercenter (97th percentile sales).
  • Strong retail corridor with national tenants including Kroger, Home Depot, TJ Maxx, Dillard's, Belk, and Starbucks.
  • High traffic counts: 6,700 vehicles daily on Pemberton Square Blvd and 78,000 vehicles daily on nearby Blues Hwy, Halls Ferry Rd, and I-20.

Property Details for 3316 Pemberton Square Blvd

Property type
Retail properties
Square Feet
3,500 SF
Year Built
2024
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Vicksburg
County
Warren
State
Mississippi
Latitude
32.3156643
Longitude
-90.8794515
3316 Pemberton Square Blvd, Vicksburg, Mississippi

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3316 Pemberton Square Blvd
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