TitleMax | Absolute Triple Net (NNN)
$760,943
3013 Highway 80 E, Pearl, MS 39208
For Sale
Retail
Free Standing
Active
Last Updated: 10/11/2021
7
Cap Rate
53,266
NOI
Details:
Cap Rate: 7%
NOI: $53,266
Building Size: 3,104 sqft
Lot Area: 0.7 acres
Lease Type: Absolute Net
Year Built: 1975
Price Per Sqft: $245.15
Year Last Renovated: 2009
Highlights:
- Deal includes an Absolute Triple Net (NNN) Lease and a Strong Corporate Guarantee
- Low Rent at $17.16/SF With 2% Annual Increases
- Situated on Major Retail Corridor With Traffic Counts Exceeding 31,829 VPD
- Great Demographics With a Population of 55,710 Residents Making an Average Household Income of $65,371 Within a 5-Mile Radius
- Minutes From the Outlets of Mississippi With Anchors Such as: Nike, Bath & Body Works, Under Armour, Skechers and Adidas
- Just 4.5-Miles to the Jackson-Medgar Wiley Evers International Airport
- Trustmark Park Baseball Stadium is Less Than 5 Minutes Away and is Home to the Mississippi Braves AA Affiliate of the Atlanta Braves Baseball Team; The Park Can Hold Over 8,400 Fans
- Pearl is Part of the Jackson MSA and is the 12th Largest City in the State; It’s Called the “Jewel of the Crossroads” as it is Nestled Between I-55, I-20 and US Highways 80 and 49
- Just 13 Minutes From Downtown Jackson, Jackson State University and Many Historic Sites
- Nearby Tenants Include: Bass Pro Shops, Sam’s Club, Planet Fitness, Firestone; O’Reilly Auto Parts, Kroger, Harbor Freight, Pizza Hut, Rally’s, Dollar General, Aarons and Walgreens
Description:
Sands Investment Group is Pleased to Present Exclusively For Sale the 3,104 SF TitleMax Absolute NNN Lease Investment Located at 3013 Highway 80 E in Pearl, Mississippi. This Deal Includes an Absolute Triple Net (NNN) Lease With a Strong Corporate Guarantee, Providing For a Secure Investment.
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