The Juicy Seafood | NNN Investment Opportunity
1803 Pike Point Pl
McComb, MS 39648
Highlights
- Former 4,983 SF Ruby Tuesday is now a NNN lease to The Juicy Seafood since 2020, a chain of over 30 locations in 10 states.
- Successful Cajun concept at signalized 4-way intersection at offramp to Interstate 55 with over 40K VPD.
- Outparcel to Lowe’s and across from Chick-Fil-A and Starbucks, with nearby retailers, McDonalds, ALDI, Hobby Lobby, Marshalls, Five Below, AT&T, Walmart, Ross, Belk and more.
- True NNN with 2% annual rent increases and low rent per sq/ft and two five-year options.
- Guaranteed by successful 4-unit franchisee of a growing and popular brand.
- Ideal for a fee simple or ground lease investors.
- Price adjusted to $1,795,000 or a 6.2% cap with annual 2% rent increases!
Description
The Juicy Seafood, located just off Interstate 55 in McComb, MS, is a great NNN option for a first-time or seasoned investor. This growing Cajun dining concept has 30 locations in 10 states. Formerly a ±4983 SF Ruby Tuesday, The Juicy Seafood opened this location in 2020, attracting diners from far and wide. The experienced operator has 4 locations in the region.
The restaurant is prominently located at the signalized off ramp of Interstate 55 and Veteran’s Blvd. with combined cross street and highway traffic counts of over 40K VPD. The Juicy Seafood is an outparcel to Lowes and is situated across the street from Chick-Fil-A and Starbucks. Other national retailers in the immediate area include McDonalds, ALDI, Hobby Lobby, Marshalls, Five Below, AT&T, Walmart, Ross, Belk, and more. Coca-Cola, Pepsi, John Deere and AGUP have regional distribution facilities in the area as well.
The absolute NNN lease has over 5 years remaining on the initial 10-year term. There are 2% annual rent increases and two 5-year renewal options. The price has been adjusted to $1,795,000 or an attractive 6.2% cap rate on in-place NOI with the next increase scheduled for 12/1/25!
McComb, MS is the largest metro area between the state capital of Jackson and New Orleans, along I-55. Drive times are between 1 hour - 1 hour & 45 minutes to Baton Rouge, Hattiesburg, Jackson, and New Orleans. The five-mile population is over 22,000 with an average household income of over $60,000.
McComb, MS
