4615 Clinton Blvd
Jackson, MS 39209
RaceWay · Retail Property For Sale

Marcus & Millichap has been selected to exclusively market for sale a single-tenant, freestanding RaceWay convenience store with 12 fueling positions in Gulfport, Mississippi, part of the Gulfport-Biloxi MSA.The property, built in 2003, has 12 years remaining on its original 15-year lease that includes 7.5% rental increases every five years in both the primary term and the seven, five-year renewal options.There is a corporate guarantee from RaceTrac Petroleum, Inc.which has annual sales of $9 billion (2014).* The lease is absolute net with no landlord maintenance responsibilities. *Source: RaceTrac The property has direct street frontage long US Highway 49 with average daily traffic counts of 65,000 vehicles per day. The Gulfport-Biloxi International airport is located less than two miles east of the subject property.Interstate 10, located less than one mile north of the subject property allows residents easy access New Orleans to the west and Mobile, Alabama to the east.