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Restaurant

Burger King

595 East Beasley Rd, Jackson, MS 39206

Listing Price: $2,010,311

Cap Rate
6.75%
Tenant Name
Burger King
Years Remaining On Lease
5.8
Gross SF
2,408
Guarantor
Franchisee Guarantee
Rentable SF
2,408
Price/Gross SF
$834.85
Lease Type
Absolute Net
Rent Per Square Feet
$56.35

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single tenant net leased
Burger King in Jackson, MS. The operator is GPS Hospitality, LLC, recipient of Buyer
King's Year 2023 Developer of the Year. The lease offers an attractive 2.0% annual rent
increase with a lease expiring in year 2030 along with four 5 year renewal options.

Jackson is known for true southern hospitality, nationally recognized institutions of
higher learning. It boasts fine dining restaurants and several high-end shopping facilities.
Jackson, which was chosen by AAA Southern Traveler Magazine as the Best City in
Mississippi, is noted for its beautiful architecture – from the magnificent Capitol building
that dates back to 1903 to the modest home of Medgar Evers, a slain civil rights worker.
Convention South Magazine editors also selected Jackson among the top 10 “Ministry-
Minded Cities” in the South.

Investment Highlights

  • Absolute NNN lease with Attractive 2.0% rent increases Annually.
  • Operated by GPS Hospitality, LLC , which was recognized as Year 2023 Burger King Developer of the Year.
  • Located along Interstate 55 with Many Well Known National Tenants Nearby.
  • Interstate 55 boasts a heavy 92,000 VPD.
  • Located along Interstate 55 Corridor with Many Well Known National Tenants Nearby.
  • Population of Approx. 98,000 in 5 Miles.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Listing Price: $2,010,311

Cap Rate
6.75%
Tenant Name
Burger King
Years Remaining On Lease
5.8
Gross SF
2,408
Guarantor
Franchisee Guarantee
Rentable SF
2,408
Price/Gross SF
$834.85
Lease Type
Absolute Net
Rent Per Square Feet
$56.35

Investment Highlights

  • Absolute NNN lease with Attractive 2.0% rent increases Annually.
  • Operated by GPS Hospitality, LLC , which was recognized as Year 2023 Burger King Developer of the Year.
  • Located along Interstate 55 with Many Well Known National Tenants Nearby.
  • Interstate 55 boasts a heavy 92,000 VPD.
  • Located along Interstate 55 Corridor with Many Well Known National Tenants Nearby.
  • Population of Approx. 98,000 in 5 Miles.

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single tenant net leased Burger King in Jackson, MS. The operator is GPS Hospitality, LLC, recipient of Buyer King's Year 2023 Developer of the Year. The lease offers an attractive 2.0% annual rent increase with a lease expiring in year 2030 along with four 5 year renewal options. Jackson is known for true southern hospitality, nationally recognized institutions of higher learning. It boasts fine dining restaurants and several high-end shopping facilities. Jackson, which was chosen by AAA Southern Traveler Magazine as the Best City in Mississippi, is noted for its beautiful architecture – from the magnificent Capitol building that dates back to 1903 to the modest home of Medgar Evers, a slain civil rights worker. Convention South Magazine editors also selected Jackson among the top 10 “Ministry- Minded Cities” in the South.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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