Auto Service - Gas-Conv
Valero Gas Station & C-Store
3975 US-82, Leland, MS 38756
Listing Price: $850,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Valero Gas Station & C-Store in Leland, MS. The property consists of a 3,375-square-foot, freestanding building that sits on approximately 2.85 acres of land. There are 14.7 years remaining on the lease with two rental increases every 4 years.
Investment Highlights
- New 15-Year Absolute Net Lease with Two Percent Annual Rental Escalations Starting in Year Four
- Excellent Access and Visibility on Highway 82, Where Traffic Counts Exceed 19,162 Vehicles per Day
- Large 2.85 Acre Parcel with Ample Parking and Multiple Access Points
- Recent Remodel and Updated Branding in 2024
- Surrounding Retailers in the Area Include Walmart Supercenter, Lowe's, McDonald's, Subway, Chick-fil-A, Wendy's and More
Broker of Record
Listing Price: $850,000
Investment Highlights
- New 15-Year Absolute Net Lease with Two Percent Annual Rental Escalations Starting in Year Four
- Excellent Access and Visibility on Highway 82, Where Traffic Counts Exceed 19,162 Vehicles per Day
- Large 2.85 Acre Parcel with Ample Parking and Multiple Access Points
- Recent Remodel and Updated Branding in 2024
- Surrounding Retailers in the Area Include Walmart Supercenter, Lowe's, McDonald's, Subway, Chick-fil-A, Wendy's and More
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Valero Gas Station & C-Store in Leland, MS. The property consists of a 3,375-square-foot, freestanding building that sits on approximately 2.85 acres of land. There are 14.7 years remaining on the lease with two rental increases every 4 years.