535 Highway 49 South, Richland, Ms 39218, Richland, MS 39218

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535 Highway 49 South, Richland, Ms 39218 is located in Richland, MS.

Investment Property. Building 13,000 SF +/- Nice Brick front , Metal Construction, located on 1.62 acres . 5 Drive in doors, modern service bays with easy access. Tenant is a major National Tire Retail Company. Brands such as Michelin, BF Goodrich and Yokohama. Lease since 1997. Current net rate is $8,000.64 per month with another rent adjustment date on 1/1/15 (9%) Current CAP RATE IS 9.14%. This is a good investment property with a long term, strong tenant... located in an excellent growth area of Mississippi.