For Sale
$1,729,583

915 Highway 82 W Indianola, MS 38751

Mississippi Delta Retail Property

Overview

Added:
Jan 27
Days on market:
91
This exceptional investment opportunity presents a net-leased Flowers Foods property located at 915 Highway 82 W, Indianola, MS 38751. The 7,300 square foot building sits on a 1.85-acre lot and boasts newer 2014 construction. The current lease, with a strong investment-grade credit tenant (S&P rated BBB-), has over five and a half years remaining on its initial fifteen-year term. The lease includes a favorable 5% rental increase every five years throughout the initial term and at the 5-year renewal option. This is a true triple-net (NNN) lease, minimizing landlord responsibilities. The property generates additional income of $3,000 annually from a billboard lease. Indianola's strategic location at the intersection of US Route 49W and US Route 82 ensures excellent accessibility and visibility. This property offers a compelling combination of a strong tenant, scheduled rent increases, and minimal landlord obligations, making it an attractive investment opportunity in a strategically located Mississippi Delta market. The property's location benefits from the presence of a major retailer's distribution center, contributing to the local economy's stability.

Highlights

  • Net-leased Flowers Foods building in Indianola, MS, offering minimal landlord responsibilities.
  • Over 5.5 years remaining on a 15-year lease with 5% rent increases every 5 years.
  • Located in Indianola, MS, a strategically positioned Delta town with strong economic viability.

Property Details for 915 Highway 82 W

Property type
Retail properties, Investment properties
Investment Type
net-lease
Square Feet
7,300 SF
Price / Square Foot
$236.93
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
80,586 SF
Units
1

Location Insight

City
Indianola
County
State
Mississippi

FAQs

What type of property is this?
Retail property - Mississippi Delta Retail Property
Where is the retail property located?
The property is located at 915 Highway 82 W Indianola, MS.
What is the asking price?
The asking price for this property is $1,729,583.
What are key features of this property?
This property features: Net-leased Flowers Foods building in Indianola, MS, offering minimal landlord responsibilities.; Over 5.5 years remaining on a 15-year lease with 5% rent increases every 5 years.; Located in Indianola, MS, a strategically positioned Delta town with strong economic viability.
How can I contact the broker?
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915 Highway 82 W
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