Business for Sale in Natchez, MS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Natchez, MS 39120

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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 posi-tioned 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 restau-rant brands in the world, operated by Franchise Management Inc. (FMI), a large multi-unit restaurant operator with more than 400 loca-tions across the United States and Canada. The property is leased on an absolute NNN lease, providing minimal landlord responsibilities. KFC at 24 Sgt Prentiss Drive has successfully operated at this loca-tion since 2016 and currently has a lease in place through Decem-ber 31, 2030, providing approximately 4.8 years of remaining firm lease term. The tenant pays $7,926.11 per month ($2.25/SF) under an absolute NNN lease structure. The lease includes 7% rental in-creases every five years within the option periods and features three (3) additional five-year renewal options, offering potential long-term income stability. 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. 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 communit

Market Context

This food service in Natchez, MS is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 100 days. Compare it against other food service listings for sale in Natchez, MS — view the full market.

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