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2-Unit Alliance Animal Health Portfolio 1206 W 6th St 6,135 SF Retail Building Laurel, MS 39440 $2,780,580 CAD ($453.23 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Exceptional Financial Performance
- Long-term NNN Sale-Leaseback
- Strong Laurel, MS Location
Executive Summary
Surmount is pleased to present the exclusive listing for a 2-unit Alliance Animal Health portfolio located in Laurel, Mississippi. The sites consist of approximately 9,030 rentable square feet of building space on 2.65-acres of land, total. At Close of Escrow, these Alliance Animal Health sites will be subject to a new 20-year Triple Net (NNN) lease. The annual rent will be $132,210 and will have scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,135 SF
Building Class
C
Year Built
1963
Price
$2,780,580 CAD
Price Per SF
$453.23 CAD
Cap Rate
6.50%
NOI
$180,738 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Opportunity Zone
Yes
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 119B-06-08-002.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $87,189 CAD |
Property Taxes
Parcel Number
119B-06-08-002.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$87,189 CAD
Contacts
-
James Westerberg -
Francis Purritano -
Walker Stevens -
Glen Kunofsky -
Christopher Marks -
Surmount
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2-Unit Alliance Animal Health Portfolio | 1206 W 6th St
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