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7705 Craft Rd - INVESTORS: 5 year lease begins NLT 10.1.25 6,000 SF Specialty Building Offered at $1,395,920 CAD in Olive Branch, MS 38654
INVESTMENT HIGHLIGHTS
- 5 lane road frontage with signage
- City of Olive Branch Fire Department 2 doors down
- Centrally located and easy access to Goodman Road and I-22
EXECUTIVE SUMMARY
Investment opportunity. New 5 year net/net lease to commence no later than October 1, 2025. $6000 per month net/net lease. Tenant pays for maintenance and property taxes, Owner pays its own insurance on the structure, tenant carries commercial general liability policy.
C-1 zoning with permitted uses: daycare, offices, medical, dental, bakery, barber, salon, drugstore, restaurant, retail, veterinary clinic, bank, grocery, indoor recreation center, health club.
Lease agreement is available for review once the property is under contract.
C-1 zoning with permitted uses: daycare, offices, medical, dental, bakery, barber, salon, drugstore, restaurant, retail, veterinary clinic, bank, grocery, indoor recreation center, health club.
Lease agreement is available for review once the property is under contract.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
ABOUT 7705 CRAFT RD , OLIVE BRANCH, MS 38654
6000 sf +/- wood frame, metal and asphalt shingle roof. "L" shape building on 2+ acres. Approximate building dimensions are 35' x 100' and 60' x 50' and 7' x 20'. See attached survey. Fenced playgrounds. Frontage on 5 lane Craft Road, 1/2 mile from intersection of I-22 and Craft Road in Olive Branch, MS. Currenrly licensed for 90 to 100 children. Rear of let could be for development of offices, expansion of existing buildings, subdivide and sell office lots
PROPERTY TAXES
| Parcel Number | 1069300000002500 | Total Assessment | $59,269 CAD |
| Land Assessment | $16,914 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $42,355 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
1069300000002500
Land Assessment
$16,914 CAD
Improvements Assessment
$42,355 CAD
Total Assessment
$59,269 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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7705 Craft Rd - INVESTORS: 5 year lease begins NLT 10.1.25
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