Auto Zone Absolute Net Ground Lease /6.75% CAP

Highlights

• 5-Year Ground Lease Option Term (Current term expires Nov 30, 2029)
• NOI of $30,000 Annually (absolute net)
• Strategic location for high visibility and vehicle traffic (14,000 VPD)
• Well-maintained property in excellent condition
• 3,470 SF building in prime Fulton location
• Building Constructed in 1998

Description

Sperry-Griffin Partners presents this excellent Auto Zone retail Ground Lease investment opportunity. The building is 3,470 SF strategically located in Fulton, MS along busy S Adams Street/ Hwy 25. Built in 1998, the property exudes modern appeal and comes with a proven track record of 100% occupancy, ensuring an immediate return on investment. Perfect for retail or street retail ventures, this well-maintained property offers a turnkey solution for expanding your investment portfolio. Its strategic location guarantees high visibility and foot traffic, providing an attractive opportunity in the thriving retail market. With its pristine condition and successful tenancy, this property represents a solid and compelling option for retail investors seeking a lucrative addition to their portfolio. Broker being marketed in cooperation with State of Miss Broker of Record: Bang Realty of Mississippi, Inc.

Discover the vibrant retail potential of Fulton, MS! Nestled in the heart of a bustling commercial district, the area offers a prime opportunity for retail and street retail investors. With its charming downtown atmosphere and proximity to key thoroughfares, the location provides excellent visibility and accessibility for businesses. Nearby points of interest include the renowned Itawamba Community College and the scenic Tombigbee State Park, drawing a steady flow of local and visiting patrons. Embrace the dynamic energy of this thriving community and unlock the possibilities for retail success at this prime location in Fulton.

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