102 Highway 12 W
Spaces
Retail | Single tenant | 2,645 SqFt
Building description
FOR LEASE: The subject property is a 2,645 SF freestanding commercial building, with a drive-thru. Building converted from a Wendy’s Restaurant to a LoanMax in 2009. Positioned in a premium spot on Highway 12, the location benefits from excellent visibility and exposure to over 28,000 vehicles per day (VPD), making it the prime retail corridor in Starkville, MS. Strong mix of national and regional tenants surround the area including Newk’s, Cookout, CVS, Domino’s, Wendy’s, Chipotle, Sonic, Express Oil Change, and a renovated Holiday Inn Express located directly behind the property. Located 5 minutes from Mississippi State University. The property many not be used for a burger restaurant, chicken restaurant, or combination thereof QSR. With an enrollment of 23,000 students, MSU serves as Starkville’s largest employer, contributing to sustained growth and a robust local economy. History of strong tenancy in this location. Starkville has been voted the "Best Small Town in the South" two years in a row by USA Today! Building has been gutted on the interior back to a blank canvas, ready for your new business in Starkville! There is an existing grease trap and 600AMP electric service. Great site for a bank, fast food, medical, or retail!
Rental rate of $38.00 per SF NNN with 3% annual increase
NNN rate of $6.05 per SF
(NNN breakdown per SF: Taxes $4.10; Insurance $.80; CAM $1.15).
Landlord will:
Install new TPO roof, remove exterior cooler/freezer and slab (if needed), overlay parking lot paving, modify planters to comply with city requirements, construct dumpster enclosure, and collaborate with tenant to establish the site layout.
Building highlights
-Drive-thru opportunity
-Premium and scarce Highway 12 location close to MSU
-Free-standing building suitable to any use that needs a phenomenal traffic count
-600 AMP Electric Service
-Existing grease trap
-Outstanding bank location!
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Property History
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