2341 Graham Dr - Industrial FOR SALE


Tupelo, MS 38801
$2,400,000 USD
650-465-3993
2341 Graham Dr, Tupelo, MS for Sale
$2,400,000 USD
Industrial - FOR SALE
1/4
null | 7% Cap Rate

2341 Graham Dr
Tupelo, MS 38801


HIGHLIGHTS

  • Absolute Net Lease: 9+ years of remaining term
  • Attractive Economics: Low rent ($6.27 PSF) and favorable pricing ($91.47 PSF)
  • Built-In Growth: 2% annual rent escalations through term and renewal options
  • Flexible Extension: Five (5), 5-year renewal options
  • Proven Operator: 20+ years of established operating history
  • Strong Credit: Lease corporately guaranteed

OVERVIEW

STREAM Capital Partners is pleased to present the Premier Countertops property (the “Property”) for sale. The 26,800-square-foot facility is 100% leased to Premier Countertops under an absolute triple net lease with approximately 9.5 years of term remaining. The lease features 2% annual rent increases throughout the initial term as well as five 5-year renewal options, providing long-term income growth and stability. Founded more than 20 years ago and headquartered in Tupelo, Mississippi, Premier Countertops is a trusted fabricator and installer of custom countertops serving both residential and commercial clients. The lease is corporately guaranteed by West Group Holdings, LLC

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Lease Industrial

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

-

APN/PARCEL ID

102V-10-001-26

ASK ABOUT THIS PROPERTY

Dean CopansStream Capital PartnersMore Info
650-465-3993

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Dean CopansStream Capital PartnersMore Info
650-465-3993

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