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7370 S SIWELL RD Byram MS 39272-8714

APN 4851-0257-020

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 2,988
Lot SqFt 29,621
Acreage ******
Number of Units 240
Zoning Code C3-S1
Year Built 1997
Building Count 1
Opportunity Zone No
Lease Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Tax Year ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront
Marketing Description

• The tenant, T-Mobile South, LLC, recently signed a brand-new 10-Year lease with 3 (5-year) options to extend, demonstrating their commitment to the site

• The lease features 10% rental increases every 5 years, generating additional NOI and hedging against inflation

• The lease is corporate signed by T-Mobile (NASDAQ: TMUS)

• Tenant reimburses for CAM, taxes, and insurance

• Limited landlord responsibilities

• Ideal, low-management investment for a passive investor

Investment Highlights

• T-Mobile is strategically positioned along S Siwell road (22,000 VPD), and across the street from Walmart Supercenter

• S. Siwell Road is the primary retail corridor of Byram, MS, featuring multiple newly constructed retail projects including Raising Canes and Starbucks

Other nearby national/credit tenants include Walgreens, Planet Fitness, Goodwill, Autozone, Dollar Tree, and more

Strong surrounding tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for the site

The property features nearby direct on/off ramp access to Interstate 55

(52,000 VPD), a major north-south commuter highway that connects Byram to the rest of the Jackson MSA

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
DB
Daniel Becker
LIC: FL SL3489466
•••.•••.1914
••••••.••cker@•••••.com
Listing removed on
 BY:
WW
William Wamble PRO
LIC: SL3257920
•••.•••.8278
•••••••.••mble@•••••.com
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