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5025 Church Rd

12,000 SF 100% Leased Retail Building Olive Branch, MS 38654 $3,750,000 ($313/SF) 6.13% Cap Rate

Investment Highlights

  • Located on the busy intersection of Church Road and Pleasant Hill.
  • Sees about 19,000 vehicles per day.
  • 100% occupied shopping center with credited tenants.

Executive Summary

Built in 2016, this 100% occupied investment building has credited tenants that still have a significant time on their leases. This 12,000 square foot retail building sits on an intersection that sees about 19,000 vehicles per day and is only two miles away from Goodman Road.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,000 SF
Building Class
C
Year Built
2016
Price
$3,750,000
Price Per SF
$313
Cap Rate
6.13%
NOI
$229,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.60 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Apsara Cafe
  • -
  • -
  • -
  • -
  • -
  • Services
  • -
  • -
  • -
  • -

Lapels Dry Cleaning was founded in 2000 to become the 1st Environmentally Friendly Dry Cleaning franchise available. At the time being environmentally friendly was just gaining traction but Lapels saw the Future of Dry Cleaning early on and since has not only been the leader in this space as they continue to define The Future of this great industry.

  • Sakura Nails & Spa
  • -
  • 1,200 SF
  • -
  • Negotiable
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. State Farm's vision for the future is to be the customer's first and best choice in the products and services they provide. State Farm' will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. State Farm's customers' needs will determine their path. State Farm's values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. State Farm's success is built on a foundation of shared values, quality service and relationships, integrity and financial strength.

  • Vineyard Wine & Liquor
  • Retailer
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Apsara Cafe - - - - -
Services - - - -
Sakura Nails & Spa - 1,200 SF - Negotiable -
Finance and Insurance - - - -
Vineyard Wine & Liquor Retailer - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2071121200000100
Land Assessment
$27,116
Improvements Assessment
$63,388
Total Assessment
$90,504
  • Listing ID: 21207275

  • Date on Market: 10/12/2020

  • Last Updated:

  • Address: 5025 Church Rd, Olive Branch, MS 38654

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