915 Highway 82, Indianola, MS 38751
7,300 SF | Retail Building | Indianola, MS 38751 | $1,729,583 ($237/SF) | 5.50% Cap Rate
For Sale
Active
4 pictures
Asking Price $1,729,583
- Property Type
-
Retail
- Square Feet
- 7,300 SF
- Price / Square Foot
- $237
Listing Contacts
Scott Reid
- Property Info
Property Overview
The subject offering is a net leased Flowers Foods in Indianola, MS. There are over five and a half years remaining on the initial fifteen-year term. The lease calls for 5% rental increases every five years during the initial term and at the 5-year option to renew. The net lease calls for minimal landlord obligations.
In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23372
In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23372
Property Details
- Class
- B
- Year Built
- 2014
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 80,586 SF
Highlights
- NN+ WITH TENANT RESPONSIBLE FOR TAX, INSURANCE AND EXPENSES
- NEWER 2014 CONSTRUCTION
- $3,000 ADDITIONAL INCOME FROM BILLBOARD LEASE
- SCHEDULED INCREASES IN RENT
- INVESTMENT GRADE CREDIT: S&P RATED BBB-
- CENTRALLY LOCATED TO MAJOR CITIES
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