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604 Springridge Rd
Clinton, MS 39056
Tire Engineers Net Lease Investment · Retail Property For Sale
Property Facts
About 604 SPRINGRIDGE RD , CLINTON, MS 39056
Bull Realty is pleased to offer this STNL property occupied by Tire Engineers in Clinton, Mississippi (Jackson MSA). The building was renovated at the end of 2015 when Tire Engineers signed a 20-year absolute NNN lease. It is generating a Net Operating Income of $150,000 and the lease is subject to 10% escalations every 5 years with four 5-year options at the end of the initial term. Express Oil Change & Tire Engineers, a Golden Gate Capital portfolio company, recently merged with Mavis Discount Tire, creating one of the largest independent automotive service platforms in the U.S.
Property Taxes
| Parcel Number | 2862-0164-006 | Improvements Assessment | $20,925 |
| Land Assessment | $15,501 | Total Assessment | $36,426 |
Property Taxes
