503 Ms-16 Carthage, MS 39051

This fee-simple, 3,063 square-foot Burger King in Carthage, Mississippi, presents a compelling net lease investment opportunity. Situated on a 2.46-acre lot at 503 MS-16, this property boasts a 20-year lease (commencing July 18, 2018, expiring July 31, 2038) with over 13.7 years remaining. The current annual net operating income (NOI) is $121,000, with a 10% rent increase scheduled every five years, and four 5-year renewal options. The property is 100% occupied by a franchisee, offering significant long-term stability. Built in 2017, this triple-net (NNN) lease requires zero landlord responsibilities. The asking price is $1,936,000, representing a 6.25% cap rate and a price per square foot of $632.06. The franchisee is a subsidiary of Carrols Restaurant Group, a major player in the US restaurant industry. This investment offers a strong combination of long-term lease security, predictable income growth, and a proven tenant.