Express Oil Change
Petal, Mississippi
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NNN Pro Group is pleased to present the exclusive listing for an Express Oil Change located at 19 Tyner Road in Petal, Mississippi. The site consists of roughly 4,800 rentable square feet of building space on estimated 1.14-acre parcel of land. This Express Oil Change is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $144,386 and is scheduled to increase by 5% every 5 years throughout the base term and in each of the 6, 5-year renewal options..
– Long Term 20-Year Sale-Leaseback
– Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
– Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
– Six (6) Tenant Renewal Periods of Five (5) Years Each