Listed by Trinity Real Estate Investment Services
$1,590,910
Midas
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 7,268
Cap Rate 6.60%
NOI $105,000
Tenancy Single
Brand/Tenant AutoZone, O'Reilly Auto Parts
Lease Type Absolute NNN
Lease Expiration 04/30/2046
Rent Bumps Yes
Lease Options Two (2), 10-Year; 10%
Price per SqFt $219
Year Built 1974
Acreage 0.680
Investment Type Net Lease
Lease Commencement 04/13/2026
Ground Lease No
Ownership Fee Simple
Retail | 6.60% CAP | 7,268 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 situated directly across from Walmart Supercenter and Cloverleaf Shopping Center. It is a strong operator with growing pipeline.
Property Website: https://trinityreis.com/listing/2101-w-pine-st/
In Cooperation With Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | [email protected]
Investment highlights
- Midas in Hattiesburg, MS With 19.5+ Years Remaining on Primary Term
- Absolute NNN Lease With Zero Landlord Responsibilities
- Built-In 10% Rent Increases Every 5 Years on Primary Term and Options
- Corner Lot at a Signalized Intersection Along US Hwy 49 With Combined Traffic Counts of 27,000+ Vehicles Passing Daily
- Proximity to University of Southern Mississippi and William Carey University, Driving Consistent Traffic
- Situated Directly Across From Walmart Supercenter and Cloverleaf Shopping Center, This Property Benefits From Strong Retail Synergy and High Customer Traffic
- 68,000+ 5 Mile Population – Surrounded by Apartments and Residential Neighborhoods 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
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
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
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 121 uses
View all 121 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
