3100 Hwy 80 E - Freestanding FOR SALE


Pearl, MS 39208
$1,735,385 USD
612-432-9935
3100 Hwy 80 E, Pearl, MS for Sale
$1,735,385 USD
Freestanding - FOR SALE
1/4
null | 6.5% Cap Rate

3100 Hwy 80 E
Pearl, MS 39208


HIGHLIGHTS

  • Harbor Freight recently exercised 2 options early, providing ~13 years of firm lease term and demonstrating its long-term commitment to the location.
  • Per Placer.ai, the subject property ranks #1 in the state and is in the 95th percentile nationally for foot traffic.
  • Pearl boasts a 5.62% growth rate and 66,000+ daytime population within 10 minutes. Located at I-20/I- 55, Pearl is a key retail and employment.
  • The property includes a secondary dumpster lease, generating an additional $600 per year in revenue and enhancing overall return.
  • Outparcel to Kroger along US-80 with visibility to 29,000 VPD and surrounded by national retailers including Walgreens, Taco Bell.
  • Double Net (NN) Lease with minimal landlord responsibilities, offering a passive and predictable income stream.

OVERVIEW

Sands Investment Group is pleased to exclusively offer the 15,000 SF Harbor Freight Tools located at 3100 US-80 in Pearl, MS, just 4 miles from downtown Jackson. Harbor Freight, America's #1 tool and equipment retailer, has operated here since 2000, and this site ranks as the top-performing store in the state of MS. Harbor Freight recently exercised 2, 5-year renewal options early, demonstrating its long-term commitment to the location. Positioned as an outparcel to Kroger with visibility to 29,000 VPD, this asset offers a stable, inflation-hedged investment in a high-traffic retail corridor. In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616

FOR SALE DETAILS

PRICE

$1,735,385 USD

PRICE/SF

$116 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Freight - Pearl, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

E09D-000002-00030

ASK ABOUT THIS PROPERTY

Evan BeesonSands Investment GroupMore Info
612-432-9935

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Evan BeesonSands Investment GroupMore Info
612-432-9935

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