Warehouse with Two Drive-In
8955 First Industrial Drive Southaven Southaven, MS 38671
8955 First Industrial Drive Southaven, Southaven, MS, 38671
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For Sale
Contact for pricing
Pending
10,000 SF warehouse leased to Sherwin-Williams through 9/30/2030 with two drive-in doors.
Property Size10,000 SF
Days on Market281
Property Features for 8955 First Industrial Drive Southaven
General Information
- Standard status
- Pending
- Size
- 10,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1996
Listing agency
Marcus & Millichap - Nashville
Listed by
Chip Craven · License #TN 365867
Source
Crexi
Added: Oct 15, 2025 Updated: Jul 20 at 9:51PM Checked: Jul 20 at 9:51PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This offering includes a 10,000 SF warehouse featuring two drive-in doors. The property is leased to The Sherwin-Williams Company, identified in the remarks as investment-grade BBB+, under a net lease structure.
The lease term runs through 9/30/2030 and includes one five-year option. The property is located in Southaven, MS within the Memphis MSA, near I-55/I-69 and the FedEx World Hub. The listed offering price is $1,006,000, and the remarks provide a 7.00% cap rate on $70,404 NOI.
The lease term runs through 9/30/2030 and includes one five-year option. The property is located in Southaven, MS within the Memphis MSA, near I-55/I-69 and the FedEx World Hub. The listed offering price is $1,006,000, and the remarks provide a 7.00% cap rate on $70,404 NOI.
Key Highlights
- 10,000 SF warehouse built in 1996 leased to The Sherwin‑Williams Company (investment‑grade: BBB+)
- Two drive‑in doors for warehouse access
- Lease is NNN with term through 9/30/2030 and one five‑year option
Property Analytics
Location Intelligence
Current Use by Public Records
Sherwin-Williams Product Finishes ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Warehouse - 10,000 SF warehouse leased to Sherwin-Williams through 9/30/2030 with two drive-in doors.
Where is this warehouse located?
The property is located at 8955 First Industrial Drive Southaven Southaven, MS.
What are key features of this property?
This property features: 10,000 SF warehouse built in 1996 leased to The Sherwin‑Williams Company (investment‑grade: BBB+); Two drive‑in doors for warehouse access; Lease is NNN with term through 9/30/2030 and one five‑year option
