Listed by Anchor Point Capital
$2,800,000
STNL Valero Gas Station | Philadelphia, MS
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,200
Cap Rate 8.00%
NOI $224,004
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Year Built 2003
Acreage 1.300
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]
- Nick 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
- 3,200 SF Square Feet Convenience Store with 12 Fueling Lanes
Outstanding Location in Philadelphia, MS
- High Traffic Corridor; 19,200+ Cars Per Day along MS-16 W, the Primary East-West Connector Between Downtown Philadelphia and Pearl River Resort
- Positioned Less than 2 Miles from Pearl River Resort Hotel and Casino; a Major Regional Tourism and Employment Driver
- Less than 2 Miles from Geyser Falls Water Theme Park; A 23-Acre Family Entertainment Destination Drawing Significant Seasonal Visitor Traffic Directly Past the Site
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 25.9% of all Consumer Spending
Investment highlights
For more information contact:
- Chandler Dignam - [email protected]
- Ned Skinner - [email protected]
- Nick 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
- 3,200 SF Square Feet Convenience Store with 12 Fueling Lanes
Outstanding Location in Philadelphia, MS
- High Traffic Corridor; 19,200+ Cars Per Day along MS-16 W, the Primary East-West Connector Between Downtown Philadelphia and Pearl River Resort
- Positioned Less than 2 Miles from Pearl River Resort Hotel and Casino; a Major Regional Tourism and Employment Driver
- Less than 2 Miles from Geyser Falls Water Theme Park; A 23-Acre Family Entertainment Destination Drawing Significant Seasonal Visitor Traffic Directly Past the Site
- Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 25.9% 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
$224,004.00
$18,667.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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