4305 8th St | Meridian, MS 39307
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- LoopNet Team
4305 8th St
Meridian, MS 39307
O'Reilly Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 80% of GLA and 78% of NOI is investment grade credit
- Vacancy and below market rents provide an upside/value add opportunity
- The site is located on the main thoroughfare through the city of Meridian with convenient access to Meridian Community College and Hwy 19 (24,560 vpd)
- The asset is priced below replacement cost
- Long term tenancy with recently extended O’Reilly Auto Parts lease and Dollar General recently signed a new 10 year term
PROPERTY FACTS
Property Type
Retail
Building Size
30,531 SF
Building Class
C
Year Built
1965
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
1.68 AC
Zoning
B3 - Commercial
Parking
84 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
110’ on 8th Street
AMENITIES
- Pylon Sign
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 076-13-2-1121-009-00100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $76,143 |
PROPERTY TAXES
Parcel Number
076-13-2-1121-009-00100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$76,143
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