Skip to main content

Restaurant

The Neighborhood Grill | 10-YR SLB

8200 MS-178, Olive Branch, MS 38654

Listing Price: $750,000

Cap Rate
8.00%
Tenant Name
The Neighborhood Grill
Gross SF
2,371
Guarantor
Personal Guarantee
Rentable SF
2,371
Price/Gross SF
$316.32
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.31

Investment Overview

Charming, Old-School American Diner Serving a Variety of Hearty Breakfast Options, Delicious
Burgers, and a Range of Other Comfort Foods, All in a Laid-Back and Inviting Atmosphere. Secure Investment Opportunity with Personal Guaranty From High Net Worth Individual ($5M+). Lease features Brand New 10-Year Triple Net (NNN) Lease Commencing at Closing w/ Zero Landlord Responsibilities, Attractive Rental Increases of 10% Every 5 Years, Including Option Periods and Four (4) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Thirty (30) Years.

Investment Highlights

  • Secure Investment Opportunity | Personal Guaranty From High Net Worth Individual ($5M+)
  • Brand New 10-Year Triple Net (NNN) Lease Commencing at Closing w/ Zero Landlord Responsibilities
  • Located on Old Highway 78, One of the Main Thoroughfares in the Heart of Olive Branch.
  • Conveniently Located Near Highway 78, This Property Is Just Minutes From the Airport, Several Local Country Clubs and Golf Courses, As Well as a Large Retail Center.
  • The Owners of This Location Are Actively Involved in Operations and Leadership, Steering the Business with Integrity, Courage, Humility, and Love

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Restaurant

The Neighborhood Grill | 10-YR SLB

Listing Price: $750,000

Cap Rate
8.00%
Tenant Name
The Neighborhood Grill
Gross SF
2,371
Guarantor
Personal Guarantee
Rentable SF
2,371
Price/Gross SF
$316.32
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.31

Investment Highlights

  • Secure Investment Opportunity | Personal Guaranty From High Net Worth Individual ($5M+)
  • Brand New 10-Year Triple Net (NNN) Lease Commencing at Closing w/ Zero Landlord Responsibilities
  • Located on Old Highway 78, One of the Main Thoroughfares in the Heart of Olive Branch.
  • Conveniently Located Near Highway 78, This Property Is Just Minutes From the Airport, Several Local Country Clubs and Golf Courses, As Well as a Large Retail Center.
  • The Owners of This Location Are Actively Involved in Operations and Leadership, Steering the Business with Integrity, Courage, Humility, and Love

Investment Overview

Charming, Old-School American Diner Serving a Variety of Hearty Breakfast Options, Delicious Burgers, and a Range of Other Comfort Foods, All in a Laid-Back and Inviting Atmosphere. Secure Investment Opportunity with Personal Guaranty From High Net Worth Individual ($5M+). Lease features Brand New 10-Year Triple Net (NNN) Lease Commencing at Closing w/ Zero Landlord Responsibilities, Attractive Rental Increases of 10% Every 5 Years, Including Option Periods and Four (4) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Thirty (30) Years.

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

MM Texture Background
MM Textured Background Lower