FleetPride/TruckPro - Absolute Net Lease
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Marcus & Millichap is pleased to present the exclusive listing for a FleetPride/TruckPro located at 3762 US-82, Leland, MS 38756. The site consists of roughly 12,500 rentable square feet of building space on an estimated 5.62-acre parcel of land. FleetPride/TruckPro have 6.75 years remaining on the current 10-year lease with two, 5-year options. The current annual rent is $88,229 and has scheduled annual increases of 1.50%.
Investment highlights
• Absolute Net Lease – No landlord responsibilities
• 1.5% annual rent increases
• Long term corporate tenant, TruckPro has occupied the property for 25 years
• 12,500 SF building on 5.62 acres
• FleetPride/TruckPro have 6.75 years remaining on the current 10 year lease with two, 5-year options
• The Tenant recently installed a new roof, sign, and awnings (2022)
• TruckPro and FleetPride recently merged to create the Nation’s largest independent distributor of truck-trailer parts and services
• FleetPride operates at approximately 450 locations nationwide, including 110 service centers, and 6 distribution centers • FleetPride is jointly owned by American Securities and Platinum Equity following its 2025 merger with TruckPro
• Situated along US-82, 18,000 vehicles per day
• Nearby retailers include AutoZone, Midas, Shell, Tractor Supply, Shell, Exxon, FedEx, McDonald’s, Burger King, KFC, Wendy’s, Dollar General, Walgreens, and Grease Monkey
• Greenville, Mississippi, is a historic city of roughly 25,000 people located in the heart of the Mississippi Delta on the banks of Lake Ferguson
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