301 Brooks St Pelahatchie, MS 39145
169,043 SF, 15-Year NNN Lease, 8.82% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- $11,500,000 asking price for a 169,043 SF industrial portfolio.
- 15-year absolute NNN sale-leaseback to Multicraft, a well-established manufacturer with a strong track record.
- 8.82% cap rate based on a $1,014,258 NOI.
- Five buildings totaling 169,043 square feet, with ceiling heights ranging from 14' to 20'.
- Portfolio includes four properties in Rankin County, Mississippi, and one in St. Clair County, Michigan.
- 100% occupancy with 3% annual rent increases.
Property Details for 301 Brooks St
- Property type
- Industrial properties, Manufacturing properties
- Square Feet
- 169,043 SF
- Year Built
- 1939
- Buildings
- 5
- Stories
- 1
- Lot Size (sq. ft)
- 48,352 SF
Location Insight
- City
- Pelahatchie
- County
- Rankin
- State
- Mississippi
- Latitude
- 32.317129
- Longitude
- -89.7999428
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - 169,043 SF, 15-Year NNN Lease, 8.82% Cap Rate
- Where is the industrial property located?
- The property is located at 301 Brooks St Pelahatchie, MS.
- What is the asking price?
- The asking price for this property is $11,500,000.
- What are key features of this property?
- This property features: $11,500,000 asking price for a 169,043 SF industrial portfolio.; 15-year absolute NNN sale-leaseback to Multicraft, a well-established manufacturer with a strong track record.; 8.82% cap rate based on a $1,014,258 NOI.
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