Pizza Hut
McComb, Mississippi
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NNN Pro Group is pleased to present the exclusive listing for a Pizza Hut located at 1212 Delaware Avenue in McComb, MS. The site consists of roughly 3,096 rentable square feet of building space on estimated 0.78-acre parcel of land. This Pizza Hut will be subject to a 15-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $102,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.
About the Investment:
✓ Relocation Site | Tenant is Moving from a Location Less than a Mile Away
✓ Long-Term, 15-Year Triple Net (NNN) Lease
✓ 10% Rental Increases Every 5 Years
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ 100+ Unit Operator | Tenant Entity Comprised of Approximately 52 Units
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