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2200 S Harper Rd
Corinth, MS 38834

$4,681,387 USD

Fast Food For Sale  •  3,182 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,200 SF
  • Lot Size 1.22 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 7.35 %
  • Tenancy Single
0 Transit Score
47 Walk Score

Highlights

The subject property qualifies for Bonus Depreciation (please discuss with your accountant for more information).
2022 BTS construction for Mach-1 Car Wash.
Absolute NNN Lease with zero Landlord Responsibilities.
20-year lease with attractive 1.50% annual rent increases for the entirety of the lease (includes option periods).
Located directly across the street from a Walmart Supercenter.
Corporately guaranteed lease from Mach One, Inc., the lease is also accompanied by a single entity guaranty as well as a person guaranty.
Cap Rate: 7.35 %
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services
Josh Bishop 214-692-2289 Matthews Real Estate Investment Services