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Restaurant

Krystal - Corporate Absolute NNN Lease with Annual Increases

4307 N State St, Jackson, MS 39206

Listing Price: $2,582,660

Cap Rate
5.95%
Tenant Name
Krystal
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
2,007
Lease Type
Absolute Net
Rent Per Square Feet
$76.57

Investment Overview

Krystal is an American regional fast food restaurant chain headquartered in Dunwoody, Georgia, with restaurants in the Southeastern United States and Puerto Rico. It is known for its small, square hamburgers, called sliders in places other than the Southeast, with steamed-in onions. Krystal has expanded to 10 states with nearly 300 restaurants.

The city of Jackson is the state capital of Mississippi, and is equidistant between New Orleans and Memphis. The Jackson metro consists of Copiah, Hinds, Madison, Rankin, Simpson and Yazoo counties.

Investment Highlights

  • 11+ Years Remaining on Absolute Triple-Net (NNN) Lease
  • Annual Rental Increases of 1.25%
  • Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S.
  • Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units Across 15 Brands
  • Centrally Located Between Two Major Freeways, I-55 and I-220
  • Easily Accessible Location Along US-51, Offering a Direct Route to Downtown Jackson
  • Across From Piggly Wiggly Grocery Store and Surrounded by National Tenants: Burger King, CVS, Family Dollar, Walgreens, and More

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Restaurant

Krystal - Corporate Absolute NNN Lease with Annual Increases

Listing Price: $2,582,660

Cap Rate
5.95%
Tenant Name
Krystal
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
2,007
Lease Type
Absolute Net
Rent Per Square Feet
$76.57

Investment Highlights

  • 11+ Years Remaining on Absolute Triple-Net (NNN) Lease
  • Annual Rental Increases of 1.25%
  • Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S.
  • Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units Across 15 Brands
  • Centrally Located Between Two Major Freeways, I-55 and I-220
  • Easily Accessible Location Along US-51, Offering a Direct Route to Downtown Jackson
  • Across From Piggly Wiggly Grocery Store and Surrounded by National Tenants: Burger King, CVS, Family Dollar, Walgreens, and More

Investment Overview

Krystal is an American regional fast food restaurant chain headquartered in Dunwoody, Georgia, with restaurants in the Southeastern United States and Puerto Rico. It is known for its small, square hamburgers, called sliders in places other than the Southeast, with steamed-in onions. Krystal has expanded to 10 states with nearly 300 restaurants. The city of Jackson is the state capital of Mississippi, and is equidistant between New Orleans and Memphis. The Jackson metro consists of Copiah, Hinds, Madison, Rankin, Simpson and Yazoo counties.

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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