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174 COMMERCE ST
GRENADA, MS 38901
Asking Price
$1.75M
Cap Rate
8%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Absolute NNN Lease | New 20 Year Lease Executed at Close of Escrow <p>For more information contact:</p><p></p><ul><li>Chandler Dignam - cdignam@anchorpointcapital.com</li><li>Ned Skinner - nskinner@anchorpointcapital.com</li><li>Nicholas Sarris - nsarris@anchorpointcapital.com</li></ul><p></p><p><strong>Excellent Single Tenant Investment Opportunity</strong></p><ul><li>Absolute NNN Lease; Zero Landlord Responsibilities</li><li>New 20 Year Lease Executed at Close of Escrow</li><li>Strong Lease Guaranty; SGS Holdings; Approximately 30 Units and Over 20 year
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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542
