62 Moore Dr, Southaven, MS 38671
2,053 SF Specialty Building Offered at $3,596,252 at a 6.75% Cap Rate in Southaven, MS 38671
For Sale
Active
2 pictures
Asking Price $3,596,252
- Property Type
-
Specialty
- Square Feet
- 2,053 SF
- Price / Square Foot
- $1,752
Listing Contacts
Glen Kunofsky
Edward Otocka
Robert Stein
- Property Info
Property Overview
NNN Pro is pleased to present the exclusive listing for a Take 5 Car Wash
located at 62 Moore Drive, Southaven, MS 38671. The site consists of
roughly 2,053 rentable square feet of building space on an estimated 0.93-
acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net
(NNN) lease, which commenced 8/14/2019. The current annual rent is
$242,747 and has scheduled increases of 1.75% Annually.
located at 62 Moore Drive, Southaven, MS 38671. The site consists of
roughly 2,053 rentable square feet of building space on an estimated 0.93-
acre parcel of land. This Take 5 Car Wash is subject to a 20-year Triple Net
(NNN) lease, which commenced 8/14/2019. The current annual rent is
$242,747 and has scheduled increases of 1.75% Annually.
Property Details
- Class
- B
- Year Built
- 2010
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 40,511 SF
Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease | Zero Landlord Responsibilities
- Attractive Rental Increases | 1.75% Annual Rental Increases
- Corporate Guarantee | Strong Guarantee from International Car Wash Group Ltd.
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