1118 N SECOND ST

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1118 N SECOND ST

BOONEVILLE, MS 38829-1038
Asking Price
$1.36M
Cap Rate
6.75%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Popeyes - Booneville, MS | Long-Term Lease | Attractive Built-In Rental Increases | 6.75% CAP <p><strong style="color: rgba(116, 179, 214, 1)">TRULY PASSIVE INVESTMENT | ABSOLUTE NNN LEASE STRUCTURE </strong><span style="color: rgba(67, 67, 67, 1)">The offering features an absolute NNN lease structure with zero landlord responsibilities providing a prospective purchaser with a truly passive, hands-off investment opportunity. </span></p><p></p><p><strong style="color: rgba(116, 179, 214, 1)">LONG-TERM LEASE | ATTRACTIVE BUILT-IN RENTAL INCREASES </strong><span style="color: rgba(67, 67, 6

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NOI
$80,000
Cap Rate
5.86%
DSCR
0.99
Underwater
Cash-on-Cash
-0.24%
Monthly Payment
$6,748.471
Annual Cash Flow
$-981.655

Location & Travel Times