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Restaurant

Krystal

6635 US 49, Hattiesburg, MS 39401

Listing Price: $1,445,000

Cap Rate
5.75%
Tenant Name
Krystal
Gross SF
2,735
Guarantor
Corporate Guarantee
Rentable SF
2,735
Price/Gross SF
$528.34
Lease Type
Absolute Net
Rent Per Square Feet
$30.35

Investment Overview

The subject property is a sale leaseback opportunity in Hattiesburg, Mississippi. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.

Investment Highlights

  • Sale Leaseback: Tenant to sign an initial lease term of 20 years with three 5-year options
  • Rent Increases of 10% every five years
  • Corporate guaranteed, absolute NNN lease

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Listing Price: $1,445,000

Cap Rate
5.75%
Tenant Name
Krystal
Gross SF
2,735
Guarantor
Corporate Guarantee
Rentable SF
2,735
Price/Gross SF
$528.34
Lease Type
Absolute Net
Rent Per Square Feet
$30.35

Investment Highlights

  • Sale Leaseback: Tenant to sign an initial lease term of 20 years with three 5-year options
  • Rent Increases of 10% every five years
  • Corporate guaranteed, absolute NNN lease

Investment Overview

The subject property is a sale leaseback opportunity in Hattiesburg, Mississippi. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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