For Sale
$1,923,000

107 Highway 80 Clinton, MS 39056

Mississippi NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew drive-thru coffee shop located in Clinton, Mississippi. Built in 2024, this property sits on a 0.52-acre lot and benefits from a 20-year absolute NNN ground lease with a corporate guarantee. The lease includes 10% rent bumps every five years and four, five-year renewal options, ensuring long-term stability and income growth. The property boasts a 6.50% cap rate and a strong NOI of $125,000, with an asking price of $1,923,000 ($3,770.59/sq ft). Its prime location directly across from Mississippi College, a university with over 5,000 students, and near a high-performing Kroger grocery store, ensures high visibility and consistent customer traffic. The strategic positioning at the intersection of W Highway 80 (18,100+ vehicles per day) and Clinton Parkway (10,100+ vehicles per day) further enhances its appeal. 7 Brew's unique drive-thru-only business model, generating over $2.4 million in annual revenue, contributes to the property's exceptional financial performance. This offering is situated just eight miles from Jackson, Mississippi, in a city with a population exceeding 26,996. The property's current occupancy is 100%. This is a rare opportunity to acquire a high-performing, established business in a rapidly growing market.

Highlights

  • 2024-built, 510 SF 7 Brew drive-thru coffee shop on a 0.52-acre lot.
  • 20-year absolute NNN ground lease with 10% rent increases every five years and four, five-year renewal options.
  • Located across from Mississippi College (5,000+ students) and a high-performing Kroger.
  • High-traffic intersection of W Highway 80 (18,100+ VPD) and Clinton Parkway (10,100+ VPD).
  • 7 Brew's drive-thru-only model generates over $2.4M in annual revenue.
  • Clinton, MS (pop. 26,996+), eight miles from Jackson, MS.

Property Details for 107 Highway 80

Property type
Retail properties, Restaurants
Square Feet
510 SF
Year Built
2024
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Clinton
County
Hinds
State
Mississippi
Latitude
32.3348674
Longitude
-90.3253803

FAQs

What type of property is this?
Retail property - Mississippi NNN Lease, High ROI
Where is the retail property located?
The property is located at 107 Highway 80 Clinton, MS.
What is the asking price?
The asking price for this property is $1,923,000.
What are key features of this property?
This property features: 2024-built, 510 SF 7 Brew drive-thru coffee shop on a 0.52-acre lot.; 20-year absolute NNN ground lease with 10% rent increases every five years and four, five-year renewal options.; Located across from Mississippi College (5,000+ students) and a high-performing Kroger.
How can I contact the broker?
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107 Highway 80
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