Retail Space /MS /Hinds County /Jackson /2019a Raymond Rd
Retail Space /MS /Hinds County /Jackson /2019a Raymond Rd

2019a Raymond Rd - Retail FOR SALE


Jackson, MS 39204- South Jackson | 
$1,079,000 USD
949-270-8200
2019a Raymond Rd, Jackson, MS for Sale
$1,079,000 USD
Retail - FOR SALE
1/3
null | 7.4% Cap Rate
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2019a Raymond Rd
Jackson, MS 39204
South Jackson

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HIGHLIGHTS

  • Approx. 4.5 Years Remaining | Recent Lease Extension | Scheduled Rental Increases
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | Value-Add Opportunity
  • Positioned Along Signalized Intersection | Surrounded by National Retailers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Approx. 4.5 Years remaining on the lease, with 2 (5-Year) options to extend • The lease features 10% rental increases at the beginning of each options period, steadily growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$1,079,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | 4.5yrs Remain Corp NN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C-2

APN/PARCEL ID

0836-0131-002

ASK ABOUT THIS PROPERTY

Dale RobbinsSRS Real Estate PartnersMore Info
949-270-8200

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Dale RobbinsSRS Real Estate PartnersMore Info
949-270-8200

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

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