Burger King

Absolute NNN Lease – Tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance associated with the property, providing an absolute passive form of income.
Recent Lease Extension – Burger King recently extended their lease early for an additional 10 years, showing their commitment to this location. They have been operating at this location since 2007
Franchisee Operated – Operated by GPS Hospitality, LLC, which operates nearly 400 restaurants in 13 different states across the country. GPS was also named 2023 Burger King Developer of the year, operates Pizza Hut and Popeyes restaurants in addition to Burger King.
Four, 5-Year Options Remain – The Current lease expires in June of 2035, and the tenant has Four (4) Five year lease extension options.
Retail Synergy – The site is located on the main retail artery and thoroughfare in Jackson, MS. Burger King joins CVS, Walgreens, Western Union Bank, Krystal, Subway, Family Dollar,
Piggly Wiggly, Mister Car Wash, Dollar General and many more. 3 major retail centers also surround the store – Meadowbrook Center (183,000 SF), Northwood Center (60,000 SF), and Broadway Crossing (325,000 SF).
1 Mile from I-55 – The site is located 1 mile from I-55, which sees over 105,000 Vehicles Per Day, and Meadowbrook Rd. sees over 11,000 Vehicles per day.
Proximity to city center – This site is located just 3.5 miles from the center of Jackson, MS.
Strong Demographics in 5-Mile Trade Area – Over 55,000 residents within 3 miles of the store, and over 25,000 households.
Fee Simple Ownership – This offering presents the opportunity to acquire fee simple interest (land & building).
Highland Village Shopping Center – The Highland Village Shopping Center sees over 2.4 million visitors e Absolute NNN ach year, and is located just off I-55, nearly 1 mile from the subject property.

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Phillip Carpenter