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3140 W Northside Dr
Jackson, MS 00N/A
MLS# 20-179
9180 sqft

3140 W Northside Dr, Jackson, MS 00N/A
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3140 W Northside Dr, Jackson, MS 00N/A 3140 W Northside Dr, Jackson, MS 00N/A 3140 W Northside Dr, Jackson, MS 00N/A 3140 W Northside Dr, Jackson, MS 00N/A

Property Description
3140 West Northside Drive. Jackson, MS. Ideal 1031 exchange property. Outstanding new construction February 2020 delivery date for new 7.5% Cap Rate NN+ Family Dollar with $95,100 NOI. This is a relocation from nearby shopping center to a 9180 SF stand-alone location situated on .99 acre +\- location. Long term sales history for Family Dollar in this location. Strong 10-year Corporate Guarantee lease with (six) 5-year options. 10-year Retail NN+ lease (landlord responsible for roof and structure only). The property comes with 20-yr transferable warranty. This investment opportunity is located on a heavily traveled corridor of Hwy 49 and I-220 which provides interstate connections to I-55 and I-20. Call today.

Contract Information
Current Price: $1,268,000
Begin Date: 2019-12-27
Status: Active
List Price: $1,268,000
General Property Description
Total SqFt.: 9180
Lot Size: 160 x 275
Building Size: 90 x 102
Lot Acres: 1.01
Location, Tax and Other Information
Book Section: Commercial
Realtor.COM Type: Commercial
Area: 10 - Other Mississippi Areas
House Number: 3140
Street Dir Prefix: W
Street Name: Northside Dr
State/Province: MS
Postal Code: 00N/A
County: Hinds
Taxes: 13372
Tax Year: 2019
Flood Zone: No
Parcel Number: part of 731-9 Hinds County
Property Features
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