7705 Craft Rd - Churches FOR SALE


Olive Branch, MS 38654
$1,000,000 USD
901-496-7300
7705 Craft Rd, Olive Branch, MS for Sale
$1,000,000 USD
Churches - FOR SALE
1/19
null | Request Cap Rate

7705 Craft Rd
Olive Branch, MS 38654


HIGHLIGHTS

  • 5 lane road frontage with signage
  • Centrally located and easy access to Goodman Road and I-22
  • City of Olive Branch Fire Department 2 doors down

OVERVIEW

Investment opportunity. New 5 year net/net lease to commence no later than October 1, 2025. $6000 per month net/net lease. Tenant pays for maintenance and property taxes, Owner pays its own insurance on the structure, tenant carries commercial general liability policy. C-1 zoning with permitted uses: daycare, offices, medical, dental, bakery, barber, salon, drugstore, restaurant, retail, veterinary clinic, bank, grocery, indoor recreation center, health club. Lease agreement is available for review once the property is under contract.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

INVESTORS: 5 year lease begins NLT 10.1.25

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Lodge/Meeting Hall, Movie/Radio/TV Studio, Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C-1

APN/PARCEL ID

1069300000002500

ASK ABOUT THIS PROPERTY

Jim BrownBrown PropertiesMore Info
901-496-7300

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Jim BrownBrown PropertiesMore Info
901-496-7300

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