1512 Gardner Blvd - Freestanding FOR SALE


Columbus, MS 39702
$2,040,000 USD
949-506-2007
1512 Gardner Blvd, Columbus, MS for Sale
$2,040,000 USD
Freestanding - FOR SALE
1/10
null | 6.75% Cap Rate

1512 Gardner Blvd
Columbus, MS 39702


HIGHLIGHTS

  • 9-Years Remaining | Annual Increases | Options To Extend | 4th Largest Collision Shop Operator | Strong Performing Location
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • The Golden Triangle | Large-Scale Manufacturing Sector |Columbus Air Force Base | Mississippi State University
  • Strong Demographics In 5-Mile Trade Area | Multi-Family Units

OVERVIEW

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN, corporate signed, Joe Hudson’s Collision Center investment property located in Columbus, Mississippi. The tenant has 9-years remaining on its lease with 4 (5-year) options to extend. The lease features annual 2% rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Montgomery, Alabama, Joe Hudson’s Collision Centers is the 4th largest full-service collision shop operator in the country with 250+ collision repair shops. In 2019, TSG Consumer Partners, a leading private equity firm with over $9 billion in total assets, acquired majority stake in the company with focus on further building the best in class brand. The subject property is a strong performing brand location (contact broker for details).

FOR SALE DETAILS

PRICE

$2,040,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joe Hudson's Collision Center | Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

LI

APN/PARCEL ID

55W18-00-04509

ASK ABOUT THIS PROPERTY

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949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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