For Sale
$461,538.46
1613 Adams St Fulton, MS 38843
High-yield AutoZone investment; 5-year lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $461,538.46 asking price for a 3,470 SF AutoZone retail building in Fulton, MS.
- 6.50% cap rate with a $30,000 NOI.
- 100% occupancy with a corporate guaranteed lease to AutoZone expiring December 1, 2029 (5-year remaining term).
- Ground lease with expiration date matching the building lease, December 1, 2029.
- Property features 28 parking spaces and is situated on a high-traffic location.
- Built in 1998, the property is well-maintained.
Property Details for 1613 Adams St
- Property type
- Retail properties, Auto shops
- Square Feet
- 3,470 SF
- Year Built
- 1998
Location Insight
- City
- Fulton
- County
- Itawamba
- State
- Mississippi
- Latitude
- 34.2470941
- Longitude
- -88.4034674
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield AutoZone investment; 5-year lease.
- Where is the retail property located?
- The property is located at 1613 Adams St Fulton, MS.
- What is the asking price?
- The asking price for this property is $461,538.46.
- What are key features of this property?
- This property features: $461,538.46 asking price for a 3,470 SF AutoZone retail building in Fulton, MS.; 6.50% cap rate with a $30,000 NOI.; 100% occupancy with a corporate guaranteed lease to AutoZone expiring December 1, 2029 (5-year remaining term).
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