Retail Space
1260 High Street Jackson, MS 39202
Details & Description
Price: $1,126,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, drive-thru equipped, corporate guaranteed, Arby’s investment property located in Jackson, MS. The tenant, RTM Operating Company, LLC (RTMOC), has ~7.5 years remaining in their initial lease term. RTMOC is the largest subsidiary of Arby’s Restaurant Group (corporate), currently operating 565 Arby’s locations and reporting $659,000,000 in sales for 2018. The lease is NNN with landlord responsibilities limited to roof, structure, HVAC (only repairs over $500 per occurrence), making it an ideal, low-management investment opportunity for a passive investor. This Arby’s location experiences strong unit level sales, having to pay an additional $20,394 in percentage rent for 2019 (contact Agent for details).
    Listing Agents
    Dale Robbins

    O: 949-270-8200
    M: 213-905-0843
    dale.robbins@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1260 High Street

    Jackson, MS 39202

    Listing ID: 255925
    1260 High Street Jackson, MS 39202 | for Sale | Photo 1
    Building Size: 3,015 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $373.47
    Land $/SF: $25.85
    Price
    $1,126,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, drive-thru equipped, corporate guaranteed, Arby’s investment property located in Jackson, MS. The tenant, RTM Operating Company, LLC (RTMOC), has ~7.5 years remaining in their initial lease term. RTMOC is the largest subsidiary of Arby’s Restaurant Group (corporate), currently operating 565 Arby’s locations and reporting $659,000,000 in sales for 2018. The lease is NNN with landlord responsibilities limited to roof, structure, HVAC (only repairs over $500 per occurrence), making it an ideal, low-management investment opportunity for a passive investor. This Arby’s location experiences strong unit level sales, having to pay an additional $20,394 in percentage rent for 2019 (contact Agent for details).

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Jackson History of Retail Space for Sale

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    Jackson Area Market Trends

    Listing Demographics for 1260 High Street Jackson, MS 39202

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,90535,593112,697
    Population Median Age393736
    Population by Age0-9 Yrs257 (6%)3638 (10%)15429 (13%)
    10-19 Yrs217 (5%)5153 (14%)16185 (14%)
    20-29 Yrs1086 (27%)7576 (21%)20205 (17%)
    30-39 Yrs652 (16%)4723 (13%)14797 (13%)
    40-49 Yrs356 (9%)3492 (9%)11756 (10%)
    50-59 Yrs599 (15%)4270 (11%)13848 (12%)
    60-69 Yrs471 (12%)3666 (10%)11038 (9%)
    70+ Yrs266 (6%)3075 (8%)9439 (8%)
    Median HH Income$36,459$34,950$36,752
    Total Household Income< 24K729 (33%)4956 (36%)15184 (35%)
    25-49K595 (27%)3813 (28%)12286 (28%)
    50-74K347 (15%)1962 (14%)6811 (15%)
    75-99K117 (5%)899 (6%)3306 (7%)
    100-199K270 (12%)1340 (9%)4151 (9%)
    200K+112 (5%)573 (4%)1243 (2%)
    Highest Education LevelNo Diploma339402210990
    Diploma or GED485578220463
    Some College732518617099
    Assoc. Degree16510965076
    Bachelors Degree708396610302
    Higher Degree66227337205
    Total Housing Units2,52216,90952,115
    --Owner-Occupied3425,31020,421
    --Renter-Occupied1,8298,23322,560
    Owner-Occupied Values< 100K69288611478
    100-199K9711885842
    200-299K935371324
    300-399K36274690
    400-499K16143394
    500K+30283694
    Total Working Age Population3,59230,06188,317
    In Work Force2,37616,53653,728
    Not In Work Force1,21613,52534,589
    Workforce Employed2,27714,66847,393
    Workforce Unemployed891,8386,299
    Civlian Workforce2,36616,50653,693
    Military Workforce103035
    Total Households2,17013,54442,981
    Family Households5416,26423,883
    Non-Family Households1,6297,28019,099
    Married Couple3593,01511,616
    Other Family1823,24912,267
    Married w/Child811,0114,072
    Single Male w/Child0217845
    Single Female w/Child941,2425,302

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Mississippi2,844,658+42,967,297+33,066,382+13,104,159
    Hinds County250,800-2245,285+4255,246+1258,390
    Rankin County115,327+23141,617+12158,225+1160,175

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1260 High Street in Jackson?
    The asking price for 1260 High Street is $1,126,000
    What is the building size of this Retail property in Jackson, MS?
    The size of the building/unit at 1260 High Street in Jackson is 3,015 square feet
    How much land does the Jackson, MS property at 1260 High Street include?
    1260 High Street in Jackson includes 1.000 acres of land
    What kind of Retail is the propery at 1260 High Street?
    The property at 1260 High Street Jackson, MS 39202 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1260 High Street in Jackson?
    The population within 1 mile of 1260 High Street Jackson, MS 39202 is 3,905 people.
    Who do I contact for questions about 1260 High Street?
    You should contact the listing agent, Dale Robbins, for any details regarding this commercial listing.

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    7040 Old Canton Road, Ridgeland, MS $575,000 2923 1.69

    Closest Commercial Airports

    Airport Distance (mi)
    Jackson-Medgar Wiley Evers International Airport (JAN) 6
    Monroe Regional Airport (MLU) 110
    Gulfport Biloxi International Airport (GPT) 146