110 Hwy 30 W

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110 Hwy 30 W

New Albany, MS 38652
Asking Price
$1.41M
Cap Rate
6.75%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Popeyes - New Albany, MS | Truly Passive Investment | Absolute NNN Lease Structure | 6.75% CAP <p></p><p><strong style="color: rgba(116, 179, 214, 1)">TRULY PASSIVE INVESTMENT | ABSOLUTE NNN LEASE STRUCTURE </strong></p><p><span style="color: rgba(67, 67, 67, 1)">The offering features an absolute NNN lease structure with zero landlord responsibilities </span></p><p><span style="color: rgba(67, 67, 67, 1)">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

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NOI
$80,000
Cap Rate
5.68%
DSCR
0.96
Underwater
Cash-on-Cash
-0.86%
Monthly Payment
$6,969.459
Annual Cash Flow
$-3,633.51

Location & Travel Times