Listed by Trinity Real Estate Investment Services
$1,590,910
Midas
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 3,407
Cap Rate 6.60%
NOI $105,000
Tenancy Single
Brand/Tenant AutoZone, O'Reilly Auto Parts
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 04/30/2046
Remaining Term 19.8
Rent Bumps Yes
Lease Options Two (2), 10-Year; 10%
Price per SqFt $467
Year Built 1989
Acreage 0.380
Investment Type Net Lease
Lease Commencement 04/13/2026
Ground Lease No
Ownership Fee Simple
Retail | 6.60% CAP | 3,407 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Midas in Hattiesburg, MS. The subject property is located in Hattiesburg's commercial hub and is minutes away from the University of Southern Mississippi and Forrest General Hospital. It is a strong operator with growing pipeline.
Property Website: https://trinityreis.com/listing/109-mayfair-rd/
In Cooperation With Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | [email protected]
Investment highlights
- Midas in Hattiesburg's Commercial Hub With 19.5+ Years Remaining on Primary Term
- Absolute NNN Lease – Zero Landlord Responsibilities
- 10% Rent Increase Every 5 Years Throughout Primary Term and Options
- High-Visibility Frontage on Mayfair Rd With Easy Access From US Hwy 98 and 52,000+ VPD
- Minutes From The University of Southern Mississippi and Forrest General Hospital
- Positioned Near Major Retail Corridors With Anchors Including Walmart, Lowe's, Home Depot, Target, TJ Maxx, Ross, Hobby Lobby, and Kohl's
- 70,000+ 5 Mile Population – Surrounded by Residential Properties With Strong Built-In Customer Base
- Strong Operator With Growing Pipeline – Tenant to Disclose Sales Per Lease
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,000.00
$8,750.00/mo
Valuation Metrics
0
DSCR
6.6%
Cap Rate
6.6%
ROI
Map
Zoning
B-5 CommercialRetail CommercialRegional Business
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View all 121 uses
View all 121 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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