1825 Hwy 39 N
Meridian, MS 39301

$1,179,556 USD

Bank For Sale • 2,654 SF

Property Details

Property Type Bank
Total Building Size 2,654 SF
Lot Size 0.47 AC
Building Class C
Year Built 1978
Tenancy Single

40 Walk Score

                
                    Highlights
                
                                Long-Term Investment Opportunity: 15 Year Initial Term with Absolute NNN Lease Structure and Corporate Guarantee
                            
                                Established Tenant: Sale-leaseback to a top 200 regional community bank with reported assets exceeding $1.4 billion & a history spanning over 100 yrs
                            
                                The bank is an insured member of the FDIC
                            
                                Corporate Guarantee: Lease Guarantee from the banks publicly traded holding company the Citizens Holding Company (OTCQX: CIZN)
                            
                                Strategic Location: High-visibility spot on US 45, near growing residential developments & Meridian's premier retail, dining, & entertainment hubs