Marcus & Millichap is pleased to present the exclusive listing for Bumpers Drive-In located at 2756 Jefferson Street in Macon, Mississippi. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.56-acre parcel of land. This Bumpers is subject to a 15-year absolute triple-net (NNN) lease, which commenced September 13th, 2019. The current annual rent is $52,388 and is scheduled to increase by 2% annually throughout the base term and in the 2, 10-year renewal options.
✓ Long-Term, 15-Year Absolute Triple Net (NNN) Lease
✓ Approximately 11.9 Years Remaining
✓ Two Percent (2%) Rental Increases Occurring Annually
✓ Two (2), Ten (10)-Year Tenant Renewal Options, Bringing the Potential Lease Term to