General Retail For Sale • 13,500 SF
| Harbor Freight recently exercised 2 options early, providing ~13 years of firm lease term and demonstrating its long-term commitment to the location. |
| Per Placer.ai, the subject property ranks #1 in the state and is in the 95th percentile nationally for foot traffic. |
| Pearl boasts a 5.62% growth rate and 66,000+ daytime population within 10 minutes. Located at I-20/I- 55, Pearl is a key retail and employment. |
| The property includes a secondary dumpster lease, generating an additional $600 per year in revenue and enhancing overall return. |
| Outparcel to Kroger along US-80 with visibility to 29,000 VPD and surrounded by national retailers including Walgreens, Taco Bell. |
| Double Net (NN) Lease with minimal landlord responsibilities, offering a passive and predictable income stream. |
| Cap Rate: | 6.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Harbor Freight | 15,000 SF | 3/31/2039 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 13 min | - | 6.7 mi | |
| Airport | Drive | Walk | Distance |
| Jackson-Medgar Wiley Evers International | 11 min | - | 4.6 mi |