Restaurant
Dark Burger King w/5 Years Remaining
780 Lake Harbour Dr, Ridgeland, MS 39157
Listing Price: $1,381,522
Investment Overview
Subject is a Prime 2,877 Square-Foot Dark Burger King on a 0.83-
Acre Lot with Ample Parking, Pylon Signage, and Easy Ingress/Egress.
The Lease is Guaranteed by GPS Hospitality, a 450+ Unit Franchisee
of Burger King, Popeyes, and Pizza Hut. It has Over 5 Years Remaining
With 2% Annual Increases Throughout the Term.
Dark Burger King w/5 Years Remaining
Investment Highlights
- Robust Traffic Counts on Lake Harbour (22k VPD) and Old Canton (21k VPD) and Less than Three Miles from I-55 (102k VPD) (Source: CoStar, 2022)
- Well Established Lake Harbour Retail Corridor at the Entrance to Barnett Reservoir | Nearby National Retailers Include: Kroger, Planet Fitness, Walgreens, Applebee's, Buffalo Wild Wings, and Others
- Thriving Lake Community with an Average Household Income of Over $66K within Five Miles of the Subject Asset, as of 2023
- Parks and Outdoor Recreational Facilities Nearby Include: Jackson Yacht Club, Country Club of Jackson, Bay Point Country Club, Pelahatchie Shore, Simmons Arboretum, Mississippi Museum of Natural Science, Mississippi Civil Rights Museum, and More
- Subject is 11 Miles from Downtown Jackson, the Capital of Mississippi, with a Population of 143,709 (2023)
Broker of Record
Listing Price: $1,381,522
Investment Highlights
- Robust Traffic Counts on Lake Harbour (22k VPD) and Old Canton (21k VPD) and Less than Three Miles from I-55 (102k VPD) (Source: CoStar, 2022)
- Well Established Lake Harbour Retail Corridor at the Entrance to Barnett Reservoir | Nearby National Retailers Include: Kroger, Planet Fitness, Walgreens, Applebee's, Buffalo Wild Wings, and Others
- Thriving Lake Community with an Average Household Income of Over $66K within Five Miles of the Subject Asset, as of 2023
- Parks and Outdoor Recreational Facilities Nearby Include: Jackson Yacht Club, Country Club of Jackson, Bay Point Country Club, Pelahatchie Shore, Simmons Arboretum, Mississippi Museum of Natural Science, Mississippi Civil Rights Museum, and More
- Subject is 11 Miles from Downtown Jackson, the Capital of Mississippi, with a Population of 143,709 (2023)
Investment Overview
Subject is a Prime 2,877 Square-Foot Dark Burger King on a 0.83- Acre Lot with Ample Parking, Pylon Signage, and Easy Ingress/Egress. The Lease is Guaranteed by GPS Hospitality, a 450+ Unit Franchisee of Burger King, Popeyes, and Pizza Hut. It has Over 5 Years Remaining With 2% Annual Increases Throughout the Term.
Broker of Record
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