www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31771309
31771310

110 Hwy 30 W, New Albany, MS 38652

TW
AZ SA630681000
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
KD
AZ SA700457000
Echo West Capital Advisors
JM
AZ AZ SA680087000
Echo West Capital Advisors
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Echo West Capital Advisors, Bang Realty
$1,408,696
45 days on market
Updated 45 days ago

Popeyes

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,977
Net Rentable (SqFt) 2,977
Cap Rate 6.75%
NOI $95,087
Occupancy 100%
Tenancy Single
Brand/Tenant Popeyes
Lease Type Absolute NNN
Lease Expiration 11/30/2043
Remaining Term 17.5
Rent Bumps Yes
Lease Options Four, 5-Year Options
Price per SqFt $473
Year Renovated 2015
Buildings 1
Stories 1
Acreage 1.000
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No

Popeyes - New Albany, MS | Truly Passive Investment | Absolute NNN Lease Structure | 6.75% CAP

Investment highlights

TRULY PASSIVE INVESTMENT | ABSOLUTE NNN LEASE STRUCTURE

The offering features an absolute NNN lease structure with zero landlord responsibilities

providing a prospective purchaser with a truly passive, hands-off investment opportunity.

LONG-TERM LEASE | ATTRACTIVE BUILT-IN RENTAL INCREASES

Offering features an original 20-year lease term with more than 17 years remaining and

contractual 10% rent increases every 5 years during the initial term and throughout the

option periods.

EXPERIENCED QSR OPERATOR | 113-UNIT REGIONAL OPERATOR

High Noon Restaurant Group is an experienced quick-service restaurant operator and

franchisee of Popeyes Louisiana Kitchen. The group specializes in the development and

operation of Popeyes locations, leveraging the brand’s established systems, national marketing

platform, and supply chain efficiencies. With a focused operating strategy and commitment to

brand standards, High Noon Restaurant Group provides localized execution within a globally

recognized QSR platform, supporting stable operations and long-term performance.

LOW COST BASIS | IDEAL FOR 1031 EXCHANGE INVESTOR

Opportunity to acquire a quality construction drive thru restaurant property below

replacement cost with a long-term passive income stream attached. The investment is

further strengthened by near-term contractual rental increases providing investors with

built-in rental growth shortly after acquisition, a compelling hedge against a high interest

rate environment. The combination of low in-place rent and a modest overall purchase

price positions the asset well below replacement cost offering downside protection and

long-term rental growth runway.

IMMEDIATE FREEWAY PROXIMITY | DIRECTLY OFF I-22 (39,825+ VPD)

The subject property boasts strong nearby traffic figures being located along Highway 30

and less than 1/2 mile from the Interstate 22 (39,825+ VPD).

PROXIMITY TO MAJOR CONSUMER CORRIDOR | RETAIL SYNERGY

The subject property strongly benefits from Hwy 30 frontage (11,330+ VPD) which is

less than 1 mile from the primary retail destinations which consist of retailers like WalMart

Supercenter, Lowe’s, and Reed’s Market. This is a major traffic driver for this location

bringing a consistent flow of traffic to the site.

DIRECTLY ADJACENT TO MAJOR HOSPITAL | BUILT-IN CUSTOMER BASE

The property conveniently sits immediately adjacent to Baptist Memorial Hospital-Union

County which contains 153 beds. The facility is a full-service hospital that provides

comprehensive medical care, including maternity services, emergency care, and surgical

services.

Listing Contacts

TW
AZ SA630681000
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
KD
AZ SA700457000
Echo West Capital Advisors
JM
AZ AZ SA680087000
Echo West Capital Advisors
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Echo West Capital Advisors, Bang Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,087.00
$7,923.92/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591