Freestanding NNN Retail
5764 Terry Road Byram, MS 39272
5764 Terry Road, Byram, MS, 39272
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For Sale
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Pending
Fee-simple freestanding Goodwill property is NNN leased with corporate guarantee and landlord responsibilities limited to roof and structure.
Days on Market101
Property Features for 5764 Terry Road
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 5:41AM Checked: Jul 21 at 5:41AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer a fee-simple interest in a freestanding, NNN-leased investment property currently occupied by Goodwill Industries of Mississippi, Inc. The lease is corporate guaranteed and structured as a net lease with landlord responsibilities limited to roof and structure.
The tenant recently executed a brand-new 10-year lease with three additional 5-year options. Rental increases include an 8% increase in year 6 of the initial term, with a 10% rental increase at the beginning of each option period.
This offering provides a goodwill tenant-occupied, low-landlord-responsibility configuration designed for reduced day-to-day management under the roof-and-structure limitation.
The tenant recently executed a brand-new 10-year lease with three additional 5-year options. Rental increases include an 8% increase in year 6 of the initial term, with a 10% rental increase at the beginning of each option period.
This offering provides a goodwill tenant-occupied, low-landlord-responsibility configuration designed for reduced day-to-day management under the roof-and-structure limitation.
Key Highlights
- Fee‑simple ownership of a freestanding Goodwill property in the Jackson MSA area (Byram, Mississippi)
- NNN leased to Goodwill Industries of Mississippi, Inc. with corporate guarantee
- New 10‑year lease term with 3 additional 5‑year options
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FAQs
What type of property is this?
NNN property - Fee-simple freestanding Goodwill property is NNN leased with corporate guarantee and landlord responsibilities limited to roof and structure.
Where is this nnn property located?
The property is located at 5764 Terry Road Byram, MS.
What are key features of this property?
This property features: Fee‑simple ownership of a freestanding Goodwill property in the Jackson MSA area (Byram, Mississippi); NNN leased to Goodwill Industries of Mississippi, Inc. with corporate guarantee; New 10‑year lease term with 3 additional 5‑year options