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TitleMax | Absolute Triple Net (NNN)

$760,943

3013 Highway 80 E, Pearl, MS 39208

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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