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Auto Service - Gas-Conv

Re-Up Gas Station & C-Store

3975 US-82, Leland, MS 38756

Listing Price: $850,000

Cap Rate
8.00%
Tenant Name
Re-Up Gas Station & C-Store
Years Remaining On Lease
15.0
Gross SF
3,375
Guarantor
Personal Guarantee
Rentable SF
3,375
Price/Gross SF
$251.85
Lease Type
Absolute Net
Rent Per Square Feet
$20.15

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire an absolute net lease in Leland, Mississippi. The property consists of 3,375-square-foot freestanding building that sits on approximately 2.85 acres of land. There are approximately 15.1 years remaining on the current lease term with 2% rental increases annually.

Investment Highlights

  • New 15-Year Absolute Net Lease with Two Percent Annual Rental Escalations
  • Large 2.85 Acre Parcel with Ample Parking and Multiple Access Points
  • Re-Up is a Fast-Growing Operator with Nine Established Stores in Florida and Mississippi, and Plans to Grow to 200+ Stores in the Coming Years
  • AI-Powered Gas Station & C-Store Retailer

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Auto Service - Gas-Conv

Re-Up Gas Station & C-Store

Listing Price: $850,000

Cap Rate
8.00%
Tenant Name
Re-Up Gas Station & C-Store
Years Remaining On Lease
15.0
Gross SF
3,375
Guarantor
Personal Guarantee
Rentable SF
3,375
Price/Gross SF
$251.85
Lease Type
Absolute Net
Rent Per Square Feet
$20.15

Investment Highlights

  • New 15-Year Absolute Net Lease with Two Percent Annual Rental Escalations
  • Large 2.85 Acre Parcel with Ample Parking and Multiple Access Points
  • Re-Up is a Fast-Growing Operator with Nine Established Stores in Florida and Mississippi, and Plans to Grow to 200+ Stores in the Coming Years
  • AI-Powered Gas Station & C-Store Retailer

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire an absolute net lease in Leland, Mississippi. The property consists of 3,375-square-foot freestanding building that sits on approximately 2.85 acres of land. There are approximately 15.1 years remaining on the current lease term with 2% rental increases annually.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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