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Flowers Foods | Net Leased Offering

$1,729,583

915 US Highway 82 W, Indianola, MS 38751

Active
Last Updated: 05/06/2024

5.5

Cap Rate

95,127.04

NOI

Details:
Cap Rate:    5.5%
NOI:    $95,127.04
Building Size:    7,300 sqft
Lot Area:    1.85 acres
Lease Type:    Double Net
Year Built:    2014
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
Description:

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

Map:
Documents:
Title
Flower_Food_-_Indianola__MS_.pdf
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