Auto Parts
FleetPride/TruckPro - Absolute Net Lease
3762 US-82, Leland, MS 38756
Listing Price: $1,199,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a FleetPride/TruckPro located at 3762 US-82, Leland, MS 38756. The site consists of roughly 12,500 rentable square feet of building space on an estimated 5.62-acre parcel of land. FleetPride is subject to a 6.75-year Absolute Net Lease, which commenced 12/16/2000. The current annual rent is $88,229 and has scheduled annual increases of 1.50%.
Investment Highlights
- Absolute Net Lease – No landlord responsibilities
- 1.5% annual rent increases
- Long term corporate tenant, TruckPro has occupied the property for 25 years
- TruckPro and FleetPride recently merged to create the Nation's largest independent distributor of truck-trailer parts and services
- Situated along US-82, 18,000 vehicles per day
- 12,500 SF building on 5.62 acres
- The Tenant recently installed a new roof, sign, and awnings (2022)
- FleetPride operates at approximately 450 locations nationwide, including 110 service centers, and 6 distribution centers
Broker of Record
Financing By
Listing Price: $1,199,000
Investment Highlights
- Absolute Net Lease – No landlord responsibilities
- 1.5% annual rent increases
- Long term corporate tenant, TruckPro has occupied the property for 25 years
- TruckPro and FleetPride recently merged to create the Nation's largest independent distributor of truck-trailer parts and services
- Situated along US-82, 18,000 vehicles per day
- 12,500 SF building on 5.62 acres
- The Tenant recently installed a new roof, sign, and awnings (2022)
- FleetPride operates at approximately 450 locations nationwide, including 110 service centers, and 6 distribution centers
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a FleetPride/TruckPro located at 3762 US-82, Leland, MS 38756. The site consists of roughly 12,500 rentable square feet of building space on an estimated 5.62-acre parcel of land. FleetPride is subject to a 6.75-year Absolute Net Lease, which commenced 12/16/2000. The current annual rent is $88,229 and has scheduled annual increases of 1.50%.
Broker of Record
Financing By