For Sale
$4,362,000
4900 Getwell Rd Southaven, MS 38672
11,992 SF Daycare, 6.75% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- NNN lease; tenant responsible for roof, landlord responsible for structure only.
- Ten years remaining on lease; long-term, stable cash flow.
- 2% annual rent increases; inflation hedge.
- Excellent location in high-growth Southaven, MS; #2 Memphis suburb with 90% population growth since 2000.
- High-traffic location on Getwell & Church Roads (38,000+ VPD); prime retail area.
- Strong residual value; 2019 construction, 1.34-acre parcel.
Property Details for 4900 Getwell Rd
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 11,992 SF
- Class
- A
- Year Built
- 2019
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 58,370 SF
- Units
- 1
Location Insight
- City
- Southaven
- County
- DeSoto
- State
- Mississippi
- Latitude
- 34.9318236
- Longitude
- -89.936016
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - 11,992 SF Daycare, 6.75% Cap Rate
- Where is the day care center & nursery located?
- The property is located at 4900 Getwell Rd Southaven, MS.
- What is the asking price?
- The asking price for this property is $4,362,000.
- What are key features of this property?
- This property features: NNN lease; tenant responsible for roof, landlord responsible for structure only.; Ten years remaining on lease; long-term, stable cash flow.; 2% annual rent increases; inflation hedge.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website