Historical Retail Sale Listing - Horizon Travel Plazas

Retail For Sale

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Horizon Travel Plazas

Stateline and Airways Road, Southaven, MS 38671

N/A

10,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
10,000 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Additional Sub-types:
Free Standing Bldg
Street Retail
Retail (Other)
Property Use Type:
Investment
Cap Rate:
8.50%
Occupancy:
100%
Tenancy:
Single
Year Built:
2006
Listing ID
14588718
Last Updated
over 1 year ago

Highlights

  • 20 year lease with 2 five year options
  • Absolute NNN lease
  • Excellent Investment Opportunity
  • Perfect 1031 Exchange

Description

Build to suit for Horizon Travel Plazas in the booming Southaven, MS market just south of Memphis, Tn. Property includes 5250 square foot convenience store and oil/lube facility. This offering presents a opportunity to aquire an 20 year absolute NNN lease with annual rent increases. Excellent 1031 exchange opportunity. Please call or email if you would like to receive any further information regarding this property.

Property is located in Southaven, MS just east of I-55 at the southeast corner of Airways Blvd. and Stateline Road.

Map of Stateline and Airways Road, Southaven, MS 38671 (DeSoto County)

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