121 East Ave S - Specialty FOR SALE


Hollandale, MS 38748
$220,000 USD
949-903-1591
121 East Ave S, Hollandale, MS for Sale
$220,000 USD
Specialty - FOR SALE
1/6
null | 6.84% Cap Rate

121 East Ave S
Hollandale, MS 38748


HIGHLIGHTS

  • USPS accredited government tenant
  • USPS Tax Reimbursement Rider
  • Lease is up for renewal in 2029 and is currently well under market. Next renewal has the opportunity of a substantive increase in rental rate

OVERVIEW

Investment Property Profile for the Hollandale, MS Main Post Office located at 121 East Ave.? S, Hollandale, MS 38748-9998 in Washington County.? This 2,002 square foot post office built in 1958 is currently leased to USPS with annual rent of $18,920/year ($9.45/sq.? ft.?) from 06/01/2024 - 05/31/2029.? The property features a Lessor Maintenance Rider and USPS Tax Reimbursement Rider.? USPS hours of operation are 8am - 12pm, 1pm - 4:30pm Monday - Friday; 8am - 10am Saturday; closed Sunday.? The nearest full-service main post office is in Leland, MS, 15 miles from Hollandale, MS.?

FOR SALE DETAILS

PRICE

$220,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

6.84%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,050 SF

ZONING

-

APN/PARCEL ID

50022800000

ASK ABOUT THIS PROPERTY

Renee PoelstraPoelstra PropertiesMore Info
949-903-1591

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Renee PoelstraPoelstra PropertiesMore Info
949-903-1591

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.