Contacts
Peter Block
Property Details
- Property Type Other
- Lot Size 0.4 Acre
- Additional Rent Contact for pricing
- Date Updated Nov 20, 2024
Colliers is pleased to offer the opportunity to purchase a sale-leaseback of a Domino’s located at 925
Hwy 98 E, Columbia, MS 39429.
This is an opportunity to buy into a growing franchisee also experiencing 35% Year-over-year growth in
his business. A new 10-year lease at very low rent will be created at the close of escrow. This is a passive
investment, as Domino’s will execute an absolute NNN lease offering zero landlord responsibilities or
expenses. There are 10% rental increases every 5 years in the base term of the lease and through the
five-year options to renew.
This property sits on the main retail corridor that runs east to west in the Southern section of Columbia,
MS. The vast majority of the QSR’s in the market are performing at the top of their brands nationally.
Brands in the market include McDonalds, Wendy’s, Taco Bell, Hardee’s, Burger King, Rajun Cajuns, and
more.
The property is offered at $501,818 which translates.to a 5.50% cap rate on net operating income of
$27,600
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
44/100
Walk Score ®
-
39/100
Bike Score ®
Location
- City Columbia, MS
- Neighborhood Columbia
- Zip Code 39429
Points of Interest
-
Murphy USA
0.10 miles
-
Marathon
1.86 miles
-
Walmart Supercenter
0.19 miles
-
Pic-N-Sav
1.74 miles
In-Depth Research Available for this Property
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