TITLE:
Value Add Retail Ctr S.E. US Motivated Seller Creative Terms
CONTROL:
Exclusive
VALUE:
$600,000
LOAN:
$0
EQUITY:
$600,000
TYPE:
Retail/Commercial
HAVE:
Value Add Creative Terms. 14,600 sf, 9 bays. Local owners, needs fresh energy. Near I-55, heavily retail corridor. Visibility. Seller financing whole/part. Will master lease to allow time for lease. Will solve someone’s larger problem with this.
ADDRESS:
4611 Terry Road, Jackson, MS 39212, Jackson, Mississippi
BENEFITS TO NEW OWNER:
Tenants pay all utilities.
OTHER FILES:
GROSS SCHEDULED INCOME:
$100,760 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$100,760
EXPENSES:
$42,886
NOI:
$57,874
DEBT SERVICE:
$0
CASH FLOW:
$57,874
CAP RATE:
9.65%
BENEFITS SOUGHT:
Trade up
REMARKS:
Seller is creative in terms and in trade or transition into your property.
COUNSELOR:
Kurt Lord
Lord Partners
11477 Olde Cabin Rd., Ste 310
St. Louis, Missouri, 63141
