Restaurant
Logan's Roadhouse
277 Dogwood Blvd, Flowood, MS 39232
Listing Price: $3,400,000
Cap Rate
6.76%
Tenant Name
Logan's Roadhouse
Gross SF
8,180
Guarantor
Corporate Guarantee
Rentable SF
8,180
Price/Gross SF
$415.65
Lease Type
Absolute Net
Rent Per Square Feet
$28.12
Investment Overview
The subject property is a sale leaseback opportunity in Flowood, Mississippi. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.
Listing Price: $3,400,000
Cap Rate
6.76%
Tenant Name
Logan's Roadhouse
Gross SF
8,180
Guarantor
Corporate Guarantee
Rentable SF
8,180
Price/Gross SF
$415.65
Lease Type
Absolute Net
Rent Per Square Feet
$28.12
Investment Highlights
- New 20-Year Absolute NNN Lease
- Corporate Lease with Logan's Roadhouse (135 units)
- 10% Rent Increases every Five Years
Investment Overview
The subject property is a sale leaseback opportunity in Flowood, Mississippi. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.
