Restaurant
Bumpers
348 Hwy 8, Ruleville, MS 38771
Listing Price: $773,728
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for Bumpers Drive-In located at 348 MS-8 in Ruleville, Mississippi. The site consists of roughly 1,500 rentable square feet of building space on estimated 0.49-acre parcel of land. This Bumpers is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 13th, 2019. The current annual rent is $48,358 and is scheduled to increase by 2% annually throughout the base term and in the 2, 10-year renewal options.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $773,728
Investment Highlights
- Long-Term, 15-Year Absolute Triple Net (NNN) Lease
- Approximately 11.9 Years Remaining
- Two Percent (2%) Rental Increases Occurring Annually
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for Bumpers Drive-In located at 348 MS-8 in Ruleville, Mississippi. The site consists of roughly 1,500 rentable square feet of building space on estimated 0.49-acre parcel of land. This Bumpers is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 13th, 2019. The current annual rent is $48,358 and is scheduled to increase by 2% annually throughout the base term and in the 2, 10-year renewal options.
Exclusively Listed By
Broker of Record
Financing By
