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    1028 W Beacon St Philadelphia, MS

    For Sale
    $1,139,630

    NNN leased retail property with corporate guarantee and annual rent increases.

    Property size:
    1,847 SF
    Lot size:
    0.54 Acres

    Property Features for 1028 W Beacon St

    General Information

    Size
    1,847 SF
    Lot size
    0.54 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Retail Property For Sale

    This retail property is offered for sale with a 20-year triple-net (NNN) lease, assigning zero landlord responsibilities. The lease includes 1.50% annual rental increases that will continue through the base term and into the four, five-year tenant renewal option periods. The lease is backed by a corporate guarantee covering over 275 units. The property has a size of 1847 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Spa & Massage Gym & Fitness Kitchen & Bath Hotel & Motel Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Neshoba
    State
    Mississippi
    Longitude
    -89.1167275
    Latitude
    32.7715227

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    FAQs

    What type of property is this?
    Retail space - NNN leased retail property with corporate guarantee and annual rent increases.
    Where is this retail space located?
    The property is located at 1028 W Beacon St Philadelphia, MS.
    What is the asking price?
    The asking price for this property is $1,139,630.
    What are key features of this property?
    This property features: - 20-Year Triple-Net (NNN) Lease with Zero Landlord Responsibilities; - Corporate Guarantee (275+ Units); - Enjoy 1.50% Annual Rental Increases
    (332) 345-2408
    Request Owner's contact information
    1028 W Beacon St Philadelphia, MS
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 W Beacon St Philadelphia, MS
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