2200 S Harper Rd - Fast Food FOR SALE
Corinth, MS 38834 |
$4,681,387 USD
214-692-2289
2200 S Harper Rd
Corinth, MS 38834
HIGHLIGHTS
- The subject property qualifies for Bonus Depreciation (please discuss with your accountant for more information).
- 2022 BTS construction for Mach-1 Car Wash.
- Absolute NNN Lease with zero Landlord Responsibilities.
- 20-year lease with attractive 1.50% annual rent increases for the entirety of the lease (includes option periods).
- Located directly across the street from a Walmart Supercenter.
- Corporately guaranteed lease from Mach One, Inc., the lease is also accompanied by a single entity guaranty as well as a person guaranty.
FOR SALE DETAILS
PRICE
$4,681,387 USD
PRICE/SF
$1,471 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MACH-1 EXPRESS WASH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.22 AC
LAND SF
53,143 SF
ZONING
-
APN/PARCEL ID
0904-18-2D-00115
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214-692-2289
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214-692-2289
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