2413 N Hills St, Meridian, MS 39305
A great representative of the Triple Net form of investment. This investment delivers 4.25% yield over 20 years with no investor responsibility. In addition, there are increases every 5 years and options to extend beyond the original 20 years. If you want to assure a future income for your loved ones, this form of investment deserves a close look.
Advantages of Investing in a Triple Net Property
- Rare, 20-year, NNN ground lease and Burger King’s “BKOT” prototype | Taller building, larger windows, drive-thru, in-restaurant self-order kiosks and outdoor digital menu boards
- Significant capital contribution made by the tenant towards the build-out of the improvements | Offered well-below replacement cost
- Fixed, 8% rental increases every 5 years | Strong hedge against future inflation
- Highly successful franchisee guaranty from GPS Hospitality Partners IV, LLC | ±200 locations
- GPS Hospitality is an experienced QSR franchisee with ±500 locations across brands (Burger King, Popeyes, & Pizza Hut) and is one of the largest Burger King franchisees in the system | Expected to achieve $1B in revenue by 2022
- Extremely passive investment | Zero landlord responsibilities | Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises
- Iconic brand | Burger King has over 15,000 units worldwide and has been one of the most successful burger chains in the world since 1954
- Frontage and unobstructed access to the main drag | ±18,100 cars per day
- Less than 3 miles North of Downtown Meridian
This location isn’t listed by John Skinner Properties, and may no longer be available, but there are plenty of properties like this on the market!
Call me now 831-359-8624 and I can help you find the perfect investment property!
