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2-Unit Alliance Animal Health Portfolio 1206 W 6th St 6,135 SF Retail Building Laurel, MS 39440 $2,034,000 ($331.54/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Exceptional Financial Performance
- Long-term NNN Sale-Leaseback
- Strong Laurel, MS Location
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a 2-unit Alliance Animal Health portfolio located in Laurel, Mississippi. The sites consist of approximately 9,030 rentable square feet of building space on 2.65-acres of land, total. At Close of Escrow, these Alliance Animal Health sites will be subject to a new 20-year Triple Net (NNN) lease. The annual rent will be $132,210 and will have scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,135 SF
Building Class
C
Year Built
1963
Price
$2,034,000
Price Per SF
$331.54
Cap Rate
6.50%
NOI
$132,210
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Opportunity Zone
Yes
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 119B-06-08-002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $63,779 |
PROPERTY TAXES
Parcel Number
119B-06-08-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$63,779
CONTACTS
-
James Westerberg -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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2-Unit Alliance Animal Health Portfolio | 1206 W 6th St
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