102 Alabama St Columbus, MS 39702

Listing agency CBRE

Listed by David Hesano · License #MI 6501300653

Source Crexi

Added: Apr 12 Updated: Jul 21 at 12:39AM Checked: Jul 21 at 12:39AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

---

Investment Insights

Based on property information with market context.

Fee simple interest is being offered for sale in an Express Oil Change portfolio consisting of three properties in Columbus and Starkville, MS. The properties are subject to a 20-year triple net (NNN) lease with ten percent rental escalations every five years throughout the initial term and through four renewal options of five years each.

Under the lease terms, the tenant pays for insurance and common area maintenance (CAM) directly and also reimburses real estate taxes. It is noted that the tenant is currently paying real estate taxes directly, and therefore there are currently no landlord responsibilities related to taxes.

The offering is proposed as a cash transaction and is presented free and clear of existing debt.

Key Highlights

• Fee simple sale of a three‑property Express Oil Change portfolio in Columbus and Starkville, MS
• 20‑year triple net (NNN) lease structure
• 10% rental escalations every 5 years throughout the initial term

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $795,000

  9,272 SF

  Multi-Building Flex Property

  Versatile office, retail, service, or light industrial space across multiple heated buildings on 2.5 acres.

  572 Yorkville Road E, Columbus, MS 39702

  View Details
• 

  $950,000

  17,000 SF

  Warehouse Office Flex Facility

  Warehouse and updated office combination includes multiple loading doors, cranes, and on-site parking on C-3 zoned land.

  127 Hemlock Street, Columbus, MS 39702

  View Details
• 

  $2,250,000

  1,400 SF

  Flex Warehouse with Office

  Multi-use industrial building offers dedicated office space alongside a large warehouse footprint on a frontage road.

  4925 S Frontage Road, Columbus, MS 39701

  View Details
• 

  $499,900

  5,680 SF

  Automotive Service Shop with Equipment

  Established automotive service operation with equipment included and specialization in tires, alignments, and exhaust work.

  110 Tuscaloosa Road, Columbus, MS 39702

  View Details
• 

  $398,000

  8,400 SF

  Flex Warehouse with Office Spaces

  Well-maintained building combining office space with a large warehouse and loading docks.

  201 N Browder St, Columbus, MS 39702

  View Details
• 

  $700,000

  1,984 SF

  Turnkey Nail Spa on Highway

  Move-in ready nail spa with high visibility and traffic.

  703 Hwy 45 N, Columbus, MS 39701

  View Details
• 

  $525,000

  4,478 SF

  Commercial Building with Parking

  Commercial C-1 building with on-site parking, newly updated roof and AC units, offered for buyer customization.

  2006 Hwy 45 N, Columbus, MS 39705

  View Details
• 

  $500,000

  3,000 SF

  Commercial Property Off Highway 82

  Prime commercial property with high visibility and steady traffic exposure.

  1291 S Frontage Rd, Columbus, MS 39701

  View Details
• 

  $399,999

  5,503 SF

  Mixed Duplex and Fourplex Investment

  Six units on one parcel, fully occupied, with recent HVAC improvements and current monthly rental income.

  1024 3rd Avenue N, Columbus, MS 39701

  View Details
• 

  $595,000

  29,600 SF

  Sprinklered Industrial Warehouse Facility

  Sprinklered 29,600 SF corrugated metal warehouse with multiple loading doors and flexible ceiling heights across three sections.

  1610 Waterworks Rd, Columbus, MS 39701

  View Details
• 

  $349,000

  3,237 SF

  Columbus Commercial Building For Sale

  Commercial building in good condition, suitable for office or clinic.

  2311 Martin Luther King Jr Dr, Columbus, MS 39705

  View Details
• 

  $2,500,000

  21,811 SF

  Columbus, Mississippi Hotel for Sale

  60-room hotel near Columbus Air Force Base and manufacturing.

  2015 Military Rd, Columbus, MS 39701

  View Details

FAQs

What type of property is this?

NNN property - Fee simple sale of three Express Oil Change properties with a 20-year triple net lease structure and scheduled rent escalations.

Where is this nnn property located?

The property is located at 102 Alabama St Columbus, MS.

What are key features of this property?

This property features: Fee simple sale of a three‑property Express Oil Change portfolio in Columbus and Starkville, MS; 20‑year triple net (NNN) lease structure; 10% rental escalations every 5 years throughout the initial term