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For Sale

Loomis Armored Vehicle - Tupelo MS

734 Senter Street,
Tupelo, MS 38801

Asset Snapshot

1976
Year Built
2016
Year Renovated
100%
Occupancy

Offering Summary

Investment Overview

Small warehouse leased for an initial 5 year term to Loomis Armored US, LLC (tenant info included). Building includes 1,292 SF showroom ( 38' x 34'), 2 office (11' x 14'), 2 bathrooms (1 ADA equipped), and 6,200 +/- SF of warehouse / shop area. Clear ht = 14' at walls & 17' at center (measured under beams). 24' x 80' column spacing. Metal halide lighting, Reznor Gas heaters, & a 16' x 15' overhead drive-in door. Landlord replaced the HVAC upon lease commencement. NOI calculation = gross annual rent - taxes and insurance, only. Full lease abstract available upon request


Investment Highlights

  • Initial lease term = 5 years
  • 7.9% Cap Rate
  • Specific financial analysis included

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Listing Syndicated From

Buildout
For Sale
$228,000
Asking Price