Clinton, MS 39056

Starbucks

Property Address

480 Springridge Road, Clinton, MS, USA

Offering Summary

  • Price: $985,000
  • Lot Size: .446 Acres
  • Cap Rate: 7.0%
  • Year Built: 2005
  • Building SF: 1,750
  • Status: In Escrow
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  • Corporate Guaranty with Starbucks Corporation
  • 10% Rental Increases with 4, 5 Year Lease Renewal Options
  • 48,134 Residents in Growing Clinton Trade Area – Jackson MSA
  • Drive-Thru Location
  • Excellent Visibility Directly Off the I-20 Freeway (37,000 CPD) – Direct Access to Jackson
  • Walking Distance from Mississippi College (5,060 Students)
  • Visible to Over 20,000 CPD Along Springridge Road
  • Adjacent to Planet Fitness and Tractor Supply Co., Across from The Home Depot
  • Surrounded by Multiple Hotels in the Immediate Area
  • Average Household Income Exceeds $70K in 3-Mile Radius

Broker Information