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24 Sgt prentiss drive

PRICE

BUILDING SIZE

NATCHEZ, MS 39120

$1,358,000

3,528 SF

LOT SIZE

47,916 SF

PRICE/SF (BLDG)

PRICE/SF (LAND)

CAP RATE

$385

$28

7.00%

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 24 Sgt Prentiss Drive, a 3,528 SF single-tenant NNN KFC drive-thru restaurant situated on 1.10 acres (47,916 SF) in Natchez, Mississippi. The property is positioned along U.S. Highway 61 (Sgt Prentiss Drive), one of the city’s primary commercial corridors with traffic counts of more than 25,000 vehicles per day.

The offering presents investors with a stable passive income stream backed by KFC, one of the most recognizable quick-service restaurant brands in the world, operated by Franchise Management Inc. (FMI), a large multi-unit restaurant operator with more than 50+ locations across the United States and Canada. The property is leased on an absolute NNN lease, providing minimal landlord responsibilities.

24 Sgt Prentiss Drive is located along U.S. Highway 61, a major north-south corridor that serves as a primary retail and commuter route through Natchez. The surrounding trade area features a mix of national retailers, restaurants, and service businesses that benefit from consistent daily traffic and the area’s role as a regional hub for southwest Mississippi and nearby Louisiana communities.

The property sits on a 1.10-acre parcel with 56 dedicated parking spaces, equating to a parking ratio of 15.87 spaces per 1,000 SF, allowing the site to efficiently accommodate high drive-thru and in-store customer traffic. The large parcel size and functional layout provide excellent circulation for quick-service restaurant operations.

BRANDON MICHAELS
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Tel: (818) 212-2794

Fax: (818) 212-2710

16830 Ventura Blvd, Suite 100
Encino, CA 91436

© & TM 2024 Brandon Michaels Group | DNC Artistry

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