555 US-80 - Warehouse FOR SALE


Pearl, MS 39208
$4,195,000 USD
773-963-2637
555 US-80, Pearl, MS for Sale
$4,195,000 USD
Warehouse - FOR SALE
1/6
null | 7.44% Cap Rate

555 US-80
Pearl, MS 39208


HIGHLIGHTS

  • Industry Leading, Publicly Traded Operator with Significant Scale (NASDAQ: GT)
  • Conveniently Located Near to Mississippi’s Largest Outlet Mall
  • Proximity to Jackson State University, Built-In Customer Base 
  • 18K+ Direct Vehicle Visibility w/ Excellent Connectivity 
  • Large Scale Site with Operational Flexibility 

OVERVIEW

Northmarq is pleased to present a rare opportunity to acquire a Goodyear Auto Service Center located in Pearl, Mississippi (the “Property”). The Property is subject to an NN lease. The lease features triennial 2.00% rent increases during the primary term and the option periods, providing stable and predictable income growth throughout the investment horizon. Goodyear is responsible for all taxes, insurance, and maintenance, including roof and structure, ensuring a highly passive ownership profile.

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

7.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodyear Tire & Rubber Company

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

2

PARKING SPACES

16

LAND DETAILS

LAND ACRES

6.04

LAND SF

263,102

ZONING

LI

APN/PARCEL ID

D08N-000004-00000

ASK ABOUT THIS PROPERTY

Isaiah HarfNorthmarqMore Info
773-963-2637

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Isaiah HarfNorthmarqMore Info
773-963-2637

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