604 Springridge Rd | Clinton, MS 39056
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604 Springridge Rd
Clinton, MS 39056
Mavis Discount Tire · Retail Property For Sale
Investment Highlights
- Absolute NNN, Long Term Lease
- The property benefits from a five-mile population of 53,177 and a one-mile average household income of $78,263
- The lease has (4) five year renewal options with a 10% increases for each renewal option
- Mavis Tire Express & its family brands were recently acquired for $6 Billion by investors. See details in tenant overview in OM.
- The primary term of the lease has 13+ years remaining and features 10% rent increases every five (5) years
- The property completed renovations in 2015
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,970 SF
Building Class
C
Year Built/Renovated
2000/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
0.73 AC
Parking
15 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100 FT on Springridge Rd
PROPERTY TAXES
| Parcel Number | 0016-4000-006 | Improvements Assessment | $19,257 |
| Land Assessment | $15,501 | Total Assessment | $34,758 |
PROPERTY TAXES
Parcel Number
0016-4000-006
Land Assessment
$15,501
Improvements Assessment
$19,257
Total Assessment
$34,758
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