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3975 Highway 82 W
Leland, MS 38756

$850,000 USD

Service Station For Sale  •  3,375 SF

Property Details

  • Property Type Service Station
  • Total Building Size 3,375 SF
  • Lot Size 2.85 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C-4
0 Transit Score
0 Walk Score

Highlights

New 15-Year Absolute Net Lease with Two Percent Annual Rental Escalations Starting in Year Four
Excellent Access and Visibility on Highway 82, Where Traffic Counts Exceed 19,162 Vehicles per Day
Large 2.85 Acre Parcel with Ample Parking and Multiple Access Points
Recent Remodel and Updated Branding in 2024
Surrounding Retailers in the Area Include Walmart Supercenter, Lowe’s, McDonald’s, Subway, Chick-fil-A, Wendy’s and More
Cap Rate: 8.00 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Vincent Knipp 972-755-5205 Knipp Wolf Net Lease Group | Marcus & Millichap
Vincent Knipp 972-755-5205 Knipp Wolf Net Lease Group | Marcus & Millichap