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1302 N State St
Jackson, MS 39202
Conoco New 20 Year NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 20-YEAR, ABSOLUTE NNN LEASE WITH 1.75% ANNUAL RENT INCREASES
  • OPERATOR SUPPLIES 210 MILLION GALLONS OF FUEL ANNUALLY
  • RAPIDLY-GROWING OPERATOR; ACQUIRED 43 NEW LOCATIONS LAST YEAR AND IN PROCESS OF ACQUIRING 57 NEW SITES
  • LEADING 462-UNIT OPERATOR GENERATING OVER $412 MILLION ANNUAL REVENUES AND $47 MILLION ANNUAL EBITDA
  • Conoco BRANDED STATIONS WITH ROBUST EBITDAR/RENT COVERAGE
  • STRONG LOCATION NEAR HIGHWAY

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,000 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.31 AC
Frontage
99’ on Poplar Blvd
  • Listing ID: 21907013

  • Date on Market: 1/6/2021

  • Last Updated:

  • Address: 1302 N State St, Jackson, MS 39202

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