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3101 Highway 80 E
Pearl, MS 39208
Renasant Bank | 7yrs Remain Corp Abs NNN · Retail Property For Sale
Investment Highlights
- Approximately 7 Years Remaining | Corporate Signed |Strong Visibility & Access
- McLaurin Mart (168,000 SF) | Outlets of MS (300K SF) |Eastgate Village Center (106,000 SF) | Primary Retail Corridor
- Absolute NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, Renasant Bank investment property located in Pearl, Mississippi. The tenant, Renasant Bank has approximately 7 years remaining on their current lease term, demonstrating their commitment to the site. The lease is corporate signed and is absolute NNN leased with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,401 SF
Building Class
C
Year Built
1990
Price
$1,395,655 CAD
Price Per SF
$258.41 CAD
Cap Rate
6%
NOI
$83,732 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial District
Parking
10 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
114’ on Us-80 Hwy
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | E08Q-000013-00000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $928,015 CAD |
Property Taxes
Parcel Number
E08Q-000013-00000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$928,015 CAD
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