Captain D’s

1160 US-45 ALT, West Point, MS
Deal Type:
Net Lease
Price:
$1,416,667
Cap Rate:
6.00%
Current Rent:
$85,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year
Building Sq. Ft.:
3,000 SF
Rent Increases:
10% every 5 years
  • captain d's stream capital partners
  • captain d's stream capital partners
  • captain d's stream capital partners
  • captain d's stream capital partners

Investment Highlights

  • Largest Captain D’s franchisee in the system – 45 units and growing
  • Long term absolute NNN lease to commence upon closing
  • Established brand – Founded in 1969 with 540 total units systemwide
  • Tenant will be improving the property upon closing, including paint, awnings, signage, and various interior upgrades
  • Area retailers Include CVS, Walmart, Dollar Tree, Hibbett Sports, McDonald’s, Sonic, Verizon, Taco Bell, Arby’s, and Waffle House

Listing Agents

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

Adam Baxter

Vice President
205 394 3520
Abaxter@stream-cp.com

Jordan Williams

Senior Associate
205 209 5671
Jwilliams@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23345

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