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  1. For Sale
  2. Retail
  3. MS
  4. Byram
  5. Rally's
Pictures of Retail property located at 5804 Terry Rd, Byram, MS 39272 for sales - image #1
Pictures of Retail property located at 5804 Terry Rd, Byram, MS 39272 for sales - image #2
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Rally's

Retail | 6.25% CAP | 1,200 SF

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Asking Price: $1,250,000
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Listing Broker NameBrian Brockman
Brokerage NameBang Realty of Mississippi, Inc
Address 

5804 Terry Rd, Byram, MS 39272

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Date Added
Dec 18, 2024
Days on Market
90 days
Time Since Last Update
90 days

Details

Property TypeRetail
SubtypeQSR/Fast Food
Investment Sub TypeRestaurant - Quick Service
Lease TypeNNN
Tenant CreditFranchisee
TenancySingle
Brand/TenantCheckers and Rally's
Lease Term15 years
Remaining Term15 years
Square Footage1,200
Cap Rate6.25%
Occupancy100%
NOI$78,125
Year Built2024

Marketing Description

NNN Pro is pleased to present the exclusive listing for a Rally's located at 5804 Terry Road, Byram, MS 39272.​ This Rally's is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow.​ The annual rent will be $78,125 and has scheduled increases of 10.00% every 5 years.​

Investment Highlights

  • ​

    15-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 15-year absolute triple net lease. The lease will have no landlord responsibilities.

  • ​

    Attractive Rent Increases | The lease will feature scheduled increases of 10% Every 5 Years.

  • ​

    Strong Franchisee Guarantee | The lease will feature an excellent guarantee from JJB Burgers. JJB Brands operates more than 100 restaurants across five states with plans for further growth in the future (tenant entity/guarantor vary by concept).

  • ​

    Brand-New Construction | Construction finished on the subject property in 2023.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,125.00
$6,510.42/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

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Broker Name
Brian Brockman
Broker License
21542
Brokerage Name
Bang Realty of Mississippi, Inc
Brokerage Address
2939 Vernon Place, Cincinnati, OH 45219
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