List Search

508 US 61
Natchez, MS 39120

$1,809,417 USD

General Retail For Sale  •  3,600 SF

Property Details

  • Property Type General Retail
  • Total Building Size 3,600 SF
  • Lot Size 0.65 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 7.00 %
  • Tenancy Single
40 Walk Score

Highlights

Zero landlord maintenance or expense responsibilities, providing a truly passive investment
10% rental increases every five years deliver structured, inflation-hedged income growth
Three, 5-year renewal options extend the potential lease term well beyond the initial 15-year term
15-year original lease term with approximately 10 years of remaining term as of rent commencement in December 2021
Corporate guaranty from one of the top national urgent care operating companies successfully running over 320 clinics across the southeast

Property Flyers

Cap Rate: 7.00 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Justin Stark 415-274-2706 CP Partners CRE
Justin Stark 415-274-2706 CP Partners CRE