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200 S City Ave
Ripley, MS 38663

$1,610,000 USD

Restaurant For Sale  •  3,716 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,716 SF
  • Lot Size 1.26 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 5.50 %
  • Tenancy Single
0 Transit Score
59 Walk Score

Highlights

This property is offered under an Absolute Triple Net (NNN) Lease, meaning the landlord has no responsibilities for the roof, structure, parking lot.
Jack’s has demonstrated a proven concept and long-term success, with zero store closings over the past 20 years.
The lease is backed by a strong corporate guarantee from a platform operating more than 270 locations across four states.
The property was developed as a build-to-suit in 2021 and features a modern prototype design with a drive-thru to support increased throughput.
The site is positioned on a hard corner at a signalized intersection, offering excellent visibility & access at E Walnut Street, which sees 2,951 VPD.
The property is located within a dense retail corridor alongside national and regional brands such as Walmart, AutoZone, McDonald’s, CVS, and more.
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Jack's 3,716 SF 12/31/2042
Adam Scherr 310-853-1266 Sands Investment Group Santa Monica, LLC
Adam Scherr 310-853-1266 Sands Investment Group Santa Monica, LLC