Flowers Foods | Net Leased Offering

915 US Highway 82 W, Indianola, MS

$1,811,944

Price

5.25%

Cap Rate

$95,127.04

NOI

Gallery
Street
Map
Overview
Cap Rate
5.25%
NOI
$95,127.04
Building Size
7,300 sqft
Lot Area
1.85 acres
Lease Type
Double Net
Year Built
2014
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

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
Documents
Title
Flowers_Foods_-_Indianola__Miss.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery