Auto Service - Gas-Conv
Mountain Express Gas Station | 18+ Year NNN Lease | 2% Annual Increases
610 Briarwood Dr, Jackson, MS 39211
Listing Price: $1,276,855
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Mountain Express located at 610 Briarwood Drive in Jackson, MS. The site consists of roughly 1,592 rentable square feet of building space on estimated 0.24-acre parcel of land. This Mountain Express is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 1st, 2020. The current annual rent is $70,227 and is scheduled to increase by two percent (2%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.
Auto Service - Gas-Conv
Mountain Express Gas Station | 18+ Year NNN Lease | 2% Annual Increases
Listing Price: $1,276,855
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease with 18+ Years of Term Remaining
- 2% Annual Rental Increases
- Low Rent | Low Price Deal | Ideal Location Alongside I-55 which has over 81K Vehicles Per Day
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Mountain Express located at 610 Briarwood Drive in Jackson, MS. The site consists of roughly 1,592 rentable square feet of building space on estimated 0.24-acre parcel of land. This Mountain Express is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 1st, 2020. The current annual rent is $70,227 and is scheduled to increase by two percent (2%) annually throughout the base term and in each of the four (4), five (5)-year renewal options.
