118 Highway 12 W - Freestanding FOR SALE


Starkville, MS 39759
$9,000,000 USD
601-914-0800
118 Highway 12 W, Starkville, MS for Sale
$9,000,000 USD
Freestanding - FOR SALE
1/7
null | 5.71% Cap Rate

118 Highway 12 W
Starkville, MS 39759


HIGHLIGHTS

  • Signalized Intersection
  • Recently Renovated
  • Excellent Credit Tenants
  • Pylon Signage
  • High Traffic Counts
  • NNN Leases

OVERVIEW

Concord Companies is pleased to present this 3-Tenant Net Leased asset for Sale. The Building and parking lot were recently completely renovated in 2023, and sit along the most highly trafficked corridor in Starkville, MS. Starkville is home to Mississippi State University with a student population of over 22,000, and the Property is positioned just 1 mile from Campus. All three leases have recently commenced and include several renewal options of 5 years each. There is additional upside via outparcel development, whether that be via a sale or BTS.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Garden Center, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

311

LAND DETAILS

LAND ACRES

6.35 AC

LAND SF

276,606 SF

ZONING

-

APN/PARCEL ID

102A-00-207.00

ASK ABOUT THIS PROPERTY

John Michael HoltmannConcord CompaniesMore Info
601-914-0800

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John Michael HoltmannConcord CompaniesMore Info
601-914-0800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.