108 MARKET ST

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108 MARKET ST

FLOWOOD, MS 39232-3340
Asking Price
$8.08M
Cap Rate
6.5%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Chipotle, Five Guys, Smoothie King - 5 Tenants, Three Outparcels to Power Center in Flowood, MS <p><strong>100% Occupancy</strong></p><ul><li>​Anchored by multinational fast casual restaurants Chipotle, Smoothie King, and Five Guys.</li><li>​Chipotle signed a 15-year Lease in 2023.</li><li>​Smoothie King and Five Guys have operated at this location for nine (9) and ten (10) years, respectively.</li><li>​All Tenants have remaining renewal options.</li><li>​Remaining WALT is 6.27 years. </li></ul><p><strong>Ease of Accessibility</strong></p><ul><li>​Multiple access points for ingress and egr

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NOI
$80,000
Cap Rate
0.99%
DSCR
0.17
Underwater
Cash-on-Cash
-16.49%
Monthly Payment
$39,979.429
Annual Cash Flow
$-399,753.147

Location & Travel Times