269 commerce Street | Hernando, MS 38632
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269 commerce Street
Hernando, MS 38632
Starbucks | New 10-Yr. Lease · Retail Property For Sale
Investment Highlights
- 10-Year Lease with 10% Increases Every 5 Years, No Early Termination Clause
- Brand New High-Quality Construction with a Drive-Thru
- 20% Population Growth Over the Last 10 Years in DeSoto County
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- Serving Over 188,000 Residents in DeSoto County, the Fastest Growing County in Mississippi
- Affluent Trade Area, Average Household Income Exceeds $92,000 within 3 and 5 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,225 SF
Year Built
2023
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.72 AC
Zoning
C-2
Frontage
230 ft on East Commerce Street
PROPERTY TAXES
| Parcel Number | 3074180740000200 | Improvements Assessment | £36,469 |
| Land Assessment | £30,175 | Total Assessment | £66,644 |
PROPERTY TAXES
Parcel Number
3074180740000200
Land Assessment
£30,175
Improvements Assessment
£36,469
Total Assessment
£66,644
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