5502 Highway 13 - Freestanding FOR SALE


Lumberton, MS 39455
$900,000 USD
5502 Highway 13, Lumberton, MS for Sale
$900,000 USD
Freestanding - FOR SALE
1/3
null | 9.02% Cap Rate

5502 Highway 13
Lumberton, MS 39455


OVERVIEW

Family Dollar | 9.00% CAP | 8,320 SqFt Investment highlights Long-Term Tenant - Tenant has been operating at the location for 10 years. Term with Rent Growth - 5+ years on initial lease term plus six (6) 5-year options, 10% inc. every 5 years. NNN Lease - No landlord maintenance requirements. National Tenant - Family Dollar is a nationally recognized discount retailer with over 8,000 locations. High-Visibility Highway Location - located on Mississippi Highway 13, a major north–south corridor. Excellent Signage and Site Presence - freestanding pylon sign, along the highway.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

122-03-004.000,122-03-004.001

ASK ABOUT THIS PROPERTY

Rich LeeNet Leased ManagementMore Info

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