301 US 72 - Auto Repair FOR SALE


Corinth, MS 38834
$2,047,244 USD
914-403-7574
301 US 72, Corinth, MS for Sale
$2,047,244 USD
Auto Repair - FOR SALE
1/3
null | 6.35% Cap Rate

301 US 72
Corinth, MS 38834


HIGHLIGHTS

  • Brand -New 15 - Year NNN Lease
  • Excellent Corporate Guarantee
  • Rapidly Expanding Operator with Enhanced Credit Potential
  • Institutionally Backed
  • Established Retail Corridor
  • Adjacent To Fulton Crossing

OVERVIEW

Surmount is pleased to present the exclusive listing for a Strickland Brothers located at 301 U.S. 72, Corinth, MS 38834. The site consists of roughly 1,896 rentable square feet of building space on an estimated .78-acre parcel of land. Strickland Brothers is subject to a 15-year Triple Net (NNN) lease, which commenced 9/16/2025. The current annual rent is $130,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,047,244 USD

PRICE/SF

$1,187 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

0801-11-1A-00900

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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