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7118 Highway 613
Moss Point, MS 39563
American LubeFast · Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Signage
About 7118 Highway 613 , Moss Point, MS 39563
Marcus & Millichap is pleased to present the American LubeFast. This property was built in 1998 with American LubeFast being it' s tenant since 2006. ALF signed an amendment to the lease in 2012 adjusting the rent commencement date to July 1, 2012. This amendment added 6 years onto the original term. The buyer will benefit from the 10% rental increases every 5 years throughout the lease term as well as the guaranty provided by American LubeFast, Inc., the corporate entity. There are approximately 15+ years remaining on the Corporately Guaranteed Absolute Net Lease with zero landlord responsibilities. LubeFast located directly off highway 613 with proximity to Interstate 10 which is Mississippi' s main East/West corridor. Listed By: Steve Rachman Anne Williams Marcus & Millichap Marcus & Millichap License:IL 471.011504 License: MS B-20181
PROPERTY TAXES
| Parcel Number | 2-02-12-840.000 | Improvements Assessment | $7,787 |
| Land Assessment | $5,687 | Total Assessment | $13,474 |
PROPERTY TAXES
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