Midas

10045 Ridgeway Industrial Dr, Olive Branch, MS

Property Information

Price Summary

$ 2,370,310

Cap Rate

6.75 %

NOI

$ 159,996

Total Lot Size

0.83 Acres

Building Size

4,919 SF

Director

T: (817) 658-3100

Midas in Olive Branch, MS With Full 20–year Primary Lease Term
Absolute NNN Lease – Zero Landlord Responsibilities
Fee Simple Ownership & Eligible Property to Take Advantage of Benefits for Accelerated Depreciation – Consult Your Tax Professional
Strong Operator With Growing Pipeline – Tenant to Disclose Sales Per Lease
Near a Signalized Intersection of MS 302 and Alexander Rd With Combined Traffic Counts of 33,000 Vehicles Passing Daily
Affluent Trade Area – $107K+ Average Household Income and Over 98,000 Residents Within 5 Miles
Positioned Directly Across from Tractor Supply Co. and in Close Proximity to Both Olive Branch Country Club and Timber Truss Golf Course
Located in DeSoto County, MS – One of Memphis Region’s Logistics Workhorses (30M+ SF of Logistics/Industrial per City Leadership), Minutes to FedEx’s Global Hub, With 11,000 Employees and The 2nd Busiest Cargo Airport in The World
Just 24 Miles to Downtown Memphis, TN, the Second-Most Populous City in Tennessee
Landlord Protection Against Environmental Contamination – Inquire With Broker