1118 N 2nd St, Booneville, MS 38829

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 17.5 years of term 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.

FACES WAL-MART SUPERCENTER | PRIMARY RETAIL NODE The subject property benefits from a prime location directly across from a Walmart Supercenter, one of the area’s busiest retail anchors. Positioned along Booneville’s primary arterial roadway, the site enjoys strong visibility and consistent traffic flow. Walmart operates 24 hours a day, 7 days a week, serving as the market’s dominant daily-needs destination and a significant driver of repeat consumer activity in the immediate trade area.

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.

STRONG RETAIL CORRIDOR | RETAIL & INDUSTRIAL SYNERGY The subject property is located along North 2nd Street (11,000+ VPD) and is surrounded by a strong mix of national retail and industrial tenants including Walmart, Tractor Supply Company, McDonald’s, O’Reilly Auto Parts, ACCO Brands, North American Pipe Corporation, and ProVia. This diverse tenant base drives consistent traffic to the corridor and supports sustained consumer demand for the site.

PROXIMITY TO MAJOR HOSPITAL & COLLEGE | BUILT-IN CUSTOMER BASES The property is located approximately one mile from Baptist Memorial Hospital–Booneville, a 114-bed regional healthcare facility, providing a steady base of employees, patients, and visitors. Additionally, Northeast Mississippi Community College, with over 3,300 students, is located within one mile of the site, contributing to strong daytime and evening customer traffic.