815 S City Ave | 815 City Ave
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815 S City Ave 815 City Ave
10,400 SF 100% Leased Retail Building Ripley, MS 38663 £641,200 (£62/SF) 5.06% Net Initial Yield
Investment Highlights
- Heavy Traffic
- Accross street from Wlamart
- Lots of Parking
Executive Summary
6200 S/F retails space w/car paint room and 4200 S/F Mechanic shop w/oil separator, 6 bays w/inside paint dryer room. Retails has several offices and private sales booth, stock rooms. Excellent setup for car dealership. Main building could be medical clinic, restaurant, attorney or doctor’s office, liquor store, convenience store, RV or boat dealership, or drugstore. It’s a great location for a franchise or any grocery store chain, drugstore chain, convenience store chain or restaurant chain, ETC. Information is deemed reliable but is not guaranteed.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Building Size
10,400 SF
Year Built
1996
Price
£641,200
Price Per SF
£62
Net Initial Yield
5.06%
NOI
£32,461
Percent Leased
100%
Number of Floors
1
Building FAR
0.24
Lot Size
1.00 AC
Zoning
commercial
Nearby Major Retailers
1 of 37
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815 S City Ave | 815 City Ave
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