AT&T Investment Opportunity

$274,000

845 South State Street, Clarksdale, MS 38614

For Sale

Retail

Active

Last Updated: 03/16/2023

Details:

Cap Rate: 8.74%

NOI: $23,939

Building Size: 2,000 sqft

Lot Area: 0.44 acres

Units: 1

Zoning: Commercial

Offered by

Rhodes Thompson

Commercial Real Estate Agent

KW Commercial

Request Info to Unlock

Description:

Our experienced commercial real estate team would like to present you with a free-standing building in the heart of Clarksdale Mississippi. Located in the middle of the retail strip, 845 South State street has a tenant that has been there for nearly 20 years with a current five-year term and option to renew in place! Such tenancy promises any investor a sustainable return and a great opportunity. Give our team a call today to claim this opportunity as your own!

Less than a mile from Highway 61 in the middle of Clarksdale Mississippi!

Established Retail Location in Heart of Clarksdale
ATT/its Affiliates Have Occupied Since 2004 - Nearly 20 Years!
Newly Extended 5-Year NNN Lease with Three-Year Renewal
Agent Owned Property