Motion Industries | Established Tenant with Successful Operating History

Highlights:

• Motion Industries is an Established Tenant With Over 18 Years of Successful Operating History at This Facility
• Current Lease Structure Provides Investor Upside Through the Potential Shift to a Triple Net (NNN) Lease While Maintaining at Market Rents
• Located in an Opportunity Zone
• New Roof Installed in 2014 With a 15 Year Warranty; Renovated Office Space in 2020 Including: New Flooring, Base Board, Ceiling Covering, Paint and Exterior Lighting
• Tenant Has Made a Significant Amount of Improvements to the Site By Enhancing the Electrical Power With a 1200 Amp 480/277 Volt Phase 3 System and Adding Two 5 Ton Capacity Cranes to Support Their Operation
• Tilt Up Masonry Design With 15’ Clear Height of Warehouse Space With Four (4) Dock High Doors and One (1) Drive-In Door
• Strategically Located With Direct Access to Highway 80 Off Access Road; Hawkins Field Airport is 5.2-Miles Due NW and the Jackson-Medgar Wiley Evers International Airport is 10-Miles Due NE
• Motion Industries Occupied Their Previous Jackson, MS Location For 40 Years Prior to Relocating to This Strategic Location Site
• Nearby Industrial Tenants Include: Johnstone Supply, HD Supply, Grainger Industrial Supply, L&W Supply, SRS Distribution, Ferguson, Carrier Enterprises, YRC Freight, Caterpillar and Tyson Foods

Description:

Sands Investment Group is Pleased to Offer For Sale the 21, 291 SF Motion Industries at 510 Highway 80 West in Jackson, Mississippi. This Deal Provides For an Established Tenant With 18 Years of Successful Operating History Located in an Opportunity Zone Off an Access Road Onto Hwy 80. Motion Industries Has a 5 Year Lease Term With 4 Years Remaining

Documents: