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Midas
2101 W Pine St, Hattiesburg, MS
Property Information
Price Summary
$ 1,590,910
Cap Rate
6.6 %
NOI
$ 105,000
Total Lot Size
0.68 Acres
Building Size
7,268 SF
Property Highlights
- Midas in Hattiesburg, MS With 19.5+ Years Remaining on Primary Term
- Absolute NNN Lease With Zero Landlord Responsibilities
- Built-In 10% Rent Increases Every 5 Years on Primary Term and Options
- Corner Lot at a Signalized Intersection Along US Hwy 49 With Combined Traffic Counts of 27,000+ Vehicles Passing Daily
- Proximity to University of Southern Mississippi and William Carey University, Driving Consistent Traffic
- Situated Directly Across From Walmart Supercenter and Cloverleaf Shopping Center, This Property Benefits From Strong Retail Synergy and High Customer Traffic
- 68,000+ 5 Mile Population – Surrounded by Apartments and Residential Neighborhoods With Strong Built-In Customer Base
- Strong Operator With Growing Pipeline – Tenant to Disclose Sales Per Lease
- Midas
- 2101 W Pine St, Hattiesburg, MS 39402
Point of Contact
Austin Walsh
Director
Gunnar Edlund
Associate Director
In cooperation with Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | bor@bangrealty.com | (513) 898-1551
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