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304 Mason St
Laurel, MS 39440 Downtown Laurel

$1,276,000 USD

Freestanding For Sale  •  7,250 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,250 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
75 Walk Score

Highlights

Absolute NNN Lease | Zero Landlord Responsibilities
Signalized Hard Corner Location | Accessible From Both Streets
Five Mile Population 28,873
4 (5 Year) Options to Renew | 10% Rental Increases at Each Option
8,994 Cars Per Day on Sawmill Road
Across the Street From 350,000 SF Sawmill Square Mall

Financial Summary

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar 7,250 SF 1/31/2030

Public Transportation

Commuter RailDriveWalkDistance
Laurel Amtrak Station (Crescent - Amtrak) 1 min 8 min 0.4 mi
Andrew Bender 248-419-3657 Fortis Net Lease
Andrew Bender 248-419-3657 Fortis Net Lease