NNN Auto Service
311 Crossgates Blvd Brandon, MS 39208
311 Crossgates Blvd, Brandon, MS, 39208
Contact for pricing
For Sale
Contact for pricing
Pending
Firestone Complete Auto Care on an absolute NNN lease with a corporately guaranteed tenant and brand-new roof installed in 2020.
Property Size5,824 SF
Days on Market102
Property Features for 311 Crossgates Blvd
General Information
- Standard status
- Pending
- Size
- 5,824 SF
- Property subtype
- Retail
Listing agency
Elifin Realty Baton Rouge
(225) 659-8650
Listed by
Mathew Laborde SIOR CCIM · License #LA BROK.0995694683-ACT
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 12:25PM Checked: Jul 22 at 12:25PM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 5,824 SF Firestone Complete Auto Care store operating under a Fifteen (15) Year Absolute NNN lease structure with zero landlord responsibilities. The lease includes 5% rental rate increases every five years during the primary term, plus five (5) options to renew. The lease is corporately guaranteed by Bridgestone, which is described in the offering as holding an Investment Grade “A” credit rating. The store is currently open, with rent commencing in December 2019 following a complete renovation and retrofitting, and a brand-new roof installed in 2020.
The property is positioned on Crossgates Blvd, with stated traffic counts of 15,004 cars per day, and it is just off Highway 80, which is stated to see 37,454 cars per day. The site is adjacent to a Kroger-anchored shopping center, with an estimated one million visits per year.
The offering includes demographic information for the surrounding area, including a 10-mile population of 189,121 and a stated three-mile average household income of $79,231 per year.
The property is positioned on Crossgates Blvd, with stated traffic counts of 15,004 cars per day, and it is just off Highway 80, which is stated to see 37,454 cars per day. The site is adjacent to a Kroger-anchored shopping center, with an estimated one million visits per year.
The offering includes demographic information for the surrounding area, including a 10-mile population of 189,121 and a stated three-mile average household income of $79,231 per year.
Key Highlights
- 5,824 SF Firestone Complete Auto Care store in Brandon, MS on a 15‑year absolute NNN lease
- Lease is corporately guaranteed by Bridgestone (Investment Grade credit rating "A")
- Tenant rent commenced December 2019 after a complete renovation and retrofitting; Firestone agreed to all maintenance and responsibilities
Property Analytics
Location Intelligence
Current Use by Public Records
Firestone Complete Auto ...
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Auto shop - Firestone Complete Auto Care on an absolute NNN lease with a corporately guaranteed tenant and brand-new roof installed in 2020.
Where is this auto shop located?
The property is located at 311 Crossgates Blvd Brandon, MS.
What are key features of this property?
This property features: 5,824 SF Firestone Complete Auto Care store in Brandon, MS on a 15‑year absolute NNN lease; Lease is corporately guaranteed by Bridgestone (Investment Grade credit rating "A"); Tenant rent commenced December 2019 after a complete renovation and retrofitting; Firestone agreed to all maintenance and responsibilities
