Map of Property

11475 Cinema Dr.

For Sale

11475 Cinema Dr., D’Iberville, MS 39540

This D’Iberville property for sale is located at 11475 Cinema Dr.. The current listed sale price for 11475 Cinema Dr. is $2,736,000. 11475 Cinema Dr. is situated on a lot that is 0.95 acre in size.

Contacts

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449

Property Details

  • Property Type Retail - Street Retail
  • Property Size 5,200 SF
  • Lot Size 0.95 Acre
  • Property Tenancy Single Tenant
  • Year Built 2012
  • Date Updated Mar 25, 2024
OFFERING SUMMARY Price: $2,736,000 Cap: 6.75% NOI: $184,685 PROPERTY SUMMARY Address 11475 Cinema Dr. D’Iberville, MS 39540 Tenant IHOP Guarantor Encore Restaurants, LLC (https://encore.bz/) Building Size: 5,200 SF Land Size: 0.95 acres Year Built: 2012 Ownership: Fee Simple MORE HIGHLIGHTS *Strong Tenant *Absolute NNN Lease *Long Term Lease *High-Quality Location *Strong Demographic Profile *Rental Income Increases Lee & Associates and Bang Realty are pleased to present the IHOP NNN restaurant property, a well-located and stable investment opportunity with an absolute NNN lease in place. The property is situated at 11475 Cinema Dr, D’Iberville MS 39540 and comprises a 5,200 sq ft building on 0.95 acres of land, with a long-term lease in place to Encore Restaurants, a strong national tenant with a credit rating of BB- by S&P Global. The lease has a remaining term of 11.8 years, with rent increases of 10% every 5 years, offering an attractive and secure investment. The property offers a competitive cap rate of 6.75% with annual rental income of $184,684.50. The purchase price for this investment property is $2,736,000, making it an attractive opportunity for investors seeking a stable and attractive return. ***CONTACT LISTING BROKERS FOR MORE INFORMATION***

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Location

  • City D’Iberville, MS
  • Neighborhood Diberville
  • Zip Code 39540

Points of Interest

  • Tesla Supercharger

    0.46 miles

  • Clark's

    1.32 miles

  • Chevron

    1.43 miles

  • Murphy's

    1.61 miles

  • Shell

    1.86 miles

  • Kangaroo Express

    2.61 miles

  • Circle K

    2.73 miles

  • Loves' # 402 - Biloxi

    2.80 miles

  • Clark's

    2.89 miles

  • Chevron

    3.85 miles

  • Vietnamese Martyrs Catholic Church

    4.21 miles

  • Palace Casino Parking Garage

    4.44 miles

  • Trailhead Parking

    6.05 miles

  • IHOP

    0.00 miles

  • Papa John's

    0.05 miles

  • Bob's Frozen Custard

    0.10 miles

  • Quickly Asian Fusion Cafe

    0.28 miles

  • China Supper Buffet

    0.29 miles

  • Shanghi

    0.39 miles

  • Sonic

    0.39 miles

  • Twin Peaks

    0.41 miles

  • Subway

    0.48 miles

  • Outback Steakhouse

    0.50 miles

  • Walmart Supercenter

    0.54 miles

  • Target

    0.77 miles

  • Kohl's

    0.94 miles

  • Marshalls

    1.04 miles

  • Walmart Neighborhood Market

    1.34 miles

  • Walmart Neighborhood Market

    3.52 miles

  • Commissary

    3.63 miles

  • Main Exchange

    3.66 miles

  • Walmart Neighborhood Market

    3.75 miles

  • Winn-Dixie

    4.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Ryan Bennett

Lee & Associates - North San Diego

(760) 448-2449