Retail    

Whataburger

 Madison, MS

Asking Price

$4,200,000

Cap Rate

5.00%

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Lot Size

± 39,292 SF

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Year Built

2024

Expansion

Building Area

± 2,810 SF

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Population (5-Mile)

71,358

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Avg HHI (5-Mile)

$122,573

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New Construction / Renovation  
    15-year Absolute NNN lease 
    7% rent increases every five years 
    Three, five-year options with 7% rent increases
    Corporate Guarantee
  • City of Madison – Awards & Recognitions
    Best Place to Live in Mississippi
    Mississippi’s Safest City 
    Mississippi’s Most Successful City
    Second Highest Median Household Income in Mississippi 
    Madison County is one of the Top Five Fastest Growing Counties in Mississippi
  • Strong Retail Corridor
    Located at the entrance to Madison’s primary commercial retail corridor.
    Nearby national retailers include Walmart, Lowe’s, Best Buy, Chipotle, Jason's Deli, Dick’s Sporting Goods, Chick-fil-A, Chili’s, Applebee’s, Longhorn, Zaxby’s and Raising Cane’s.
    Many Top-ranked retail operations in Madison, MS
  • Ease of Accessibility
    The property sits at the corner of Main Street and Grandview Blvd.
    Multiple points of ingress and egress from Grandview Blvd. and
    additional access road
  • Outstanding Location
    Walmart Shadow property
    Jackson, Mississippi MSA
    Over 53k VPD on Main Street and Grandview Blvd
    Excellent Household Incomes within a three-mile range
             o  Median = $102,077
             o  Average = $137,922
    Out-positions high performing Chick-fil-A located next door

Exclusively Listed By

Ryan Roedersheimer

Senior Vice President
  ryanr@northmarq.com      513.504.4046

Patrick Metz

Associate Vice President
  pmetz@northmarq.com      513.906.5397

In Association With
Jason Long

MS License #20952

Northmarq

1101 St Gregory St, Suite 345
Cincinnati, OH 45202


northmarq.com