Fred’s Super Dollar Retail- Pelahatchie, MS

Property Description

Freds Offering Memorandum- Pelahatchie MS 2

New construction, single tenant build to suit investment offering for Fred’s Super Dollar retail store. The investment offers a 12 year initial term with three 5 year options, each with a 5% rent increase.┬áNN lease with tenant responsible for utilities, interior maintenance, reimbursing for property tax and insurance. Tenant pays landlord a CAM fee. Landlord is responsible for grounds maintenance, exterior of demised premises, roof, and HVAC repairs over $3,750 per year. Annual rent during initial term is $163,078.32.

Pelahatchie is a growing community located approximately 25 miles east of Jackson, MS. The town has been the recipient of multiple awards including the Clarion Ledger Municipal Excellence Award 3 times in the “Population Under 10,000” category and the Overall Excellence Award in the Mississippi Municipal League for their downtown revitalization project.

General Info

Category: Recent/Closed Projects

Type:

Price: $1,964,799

Address: 404 Second Street, Pelahatchie, Mississippi 39145

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