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15121 Mississippi 16
Philadelphia, MS 39350
Asking Price
$2.80M
Cap Rate
8%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Absolute NNN Lease | Zero Landlord Responsibilities <p>For more information contact: </p><ul><li>Chandler Dignam - cdignam@anchorpointcapital.com</li><li>Ned Skinner - nskinner@anchorpointcapital.com</li><li>Nick 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 years of Opera
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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467
