Listed by Anchor Point Capital
$1,750,000
Absolute NNN Gas Station | Mississippi, MSA
Details
APN 103N 07 111.00
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,232
Units 1
Cap Rate 8.00%
NOI $140,004
Lease Type NNN
Lease Term 20
Remaining Term 20
Year Built 1988
Year Renovated 2024
Stories 1
Acreage 0.390
Ground Lease No
Sale Condition N/A
Absolute NNN Lease | New 20 Year Lease Executed at Close of Escrow
Marketing description
For more information contact:
- Chandler Dignam - [email protected]
- Ned Skinner - [email protected]
- Nicholas Sarris - [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- New 20 Year Lease Executed at Close of Escrow
- Strong Lease Guaranty; SGS Holdings; Approximately 30 Units and Over 20 years of Operating History
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
- 1.75% Annual Increases in Primary Term and Options
- 2,232 SF Square Feet Convenience Store with 8 Fueling Lanes
Outstanding Location in Grenada, MS
- Signalized Hard Corner; 14,000 Cars Per Day at the Intersection
- Diversified Manufacturing Economy; Approximately 30% of Grenada County Jobs are in Manufacturing, with a Top-Employer Roster Including Rail USA, Harrell Metal Works, Thomas Wood Preserving, and Valley Racks Supporting a Stable Industrial Demand Base
- Supported by Regional Rail Infrastructure; Grenada Railroad Operates 228 Miles of Track Along the I-55 Corridor Between Canton, MS and Memphis, TN, Supporting North Mississippi Industrial Activity
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 26.85% of all Consumer Spending
Investment highlights
For more information contact:
- Chandler Dignam - [email protected]
- Ned Skinner - [email protected]
- Nicholas Sarris - [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- New 20 Year Lease Executed at Close of Escrow
- Strong Lease Guaranty; SGS Holdings; Approximately 30 Units and Over 20 years of Operating History
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
- 1.75% Annual Increases in Primary Term and Options
- 2,232 SF Square Feet Convenience Store with 8 Fueling Lanes
Outstanding Location in Grenada, MS
- Signalized Hard Corner; 14,000 Cars Per Day at the Intersection
- Diversified Manufacturing Economy; Approximately 30% of Grenada County Jobs are in Manufacturing, with a Top-Employer Roster Including Rail USA, Harrell Metal Works, Thomas Wood Preserving, and Valley Racks Supporting a Stable Industrial Demand Base
- Supported by Regional Rail Infrastructure; Grenada Railroad Operates 228 Miles of Track Along the I-55 Corridor Between Canton, MS and Memphis, TN, Supporting North Mississippi Industrial Activity
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 26.85% of all Consumer Spending
Listing Contacts
Listed by Anchor Point Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,004.00
$11,667.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Commercial
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View all 83 uses
View all 83 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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