Listed by Anchor Point Capital
$1,650,000
STNL Shell Gas Station | Philadelphia, MS
Details
Property Type Retail
Sub Type Gas Station, Grocery Store
Square Footage 2,520
Cap Rate 8.00%
NOI $132,000
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Year Built 1991
Acreage 0.640
Ground Lease No
Sale Condition N/A
Absolute NNN Lease | Zero Landlord Responsibilities
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
- 2,520 Square Foot Convenience Store with 12 Fueling Lanes for 2-Axel Vehicles Plus Separate 4-Lane Diesel Canopy and a Stand-Alone Car Wash and Quick Lube Service Station
Outstanding Location in Philadelphia, MS
- Adjacent to Walmart Supercenter
- Positioned Along Beacon Street and Main Street; Over 31,000 Cars Per Day Along the Two Streets
- Primary Retail Corridor in Philadelphia, MS; Neighboring National Tenants Include Walmart, Hibbett Sports, Dollar Tree, Advance Auto Part, O'Reilly Auto Parts, Taco Bell, Wendy’s
- Located Under 1 Mile from Neshoba General Hospital; A Key Regional Healthcare Facility
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 26.3% 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
- 2,520 Square Foot Convenience Store with 12 Fueling Lanes for 2-Axel Vehicles Plus Separate 4-Lane Diesel Canopy and a Stand-Alone Car Wash and Quick Lube Service Station
Outstanding Location in Philadelphia, MS
- Adjacent to Walmart Supercenter
- Positioned Along Beacon Street and Main Street; Over 31,000 Cars Per Day Along the Two Streets
- Primary Retail Corridor in Philadelphia, MS; Neighboring National Tenants Include Walmart, Hibbett Sports, Dollar Tree, Advance Auto Part, O'Reilly Auto Parts, Taco Bell, Wendy’s
- Located Under 1 Mile from Neshoba General Hospital; A Key Regional Healthcare Facility
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 26.3% 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
$132,000.00
$11,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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