Property summary
This exceptional investment opportunity presents a fee-simple, net-leased storefront property located at 915 Highway 82 W, Indianola, MS 38751. The 7,300 square foot building, constructed in 2014, sits on a 1.85-acre lot and is currently occupied by a credit-rated Flowers Foods under a NN+ lease with over five and a half years remaining on the initial fifteen-year term. The lease includes scheduled 5% rental increases every five years throughout the initial term and at the 5-year renewal option, providing consistent income growth. The property generates a substantial net operating income (NOI) of $95,127, resulting in a 5.50% cap rate based on the asking price of $1,729,583. Landlord responsibilities are minimal under the terms of the net lease. Adding to the property's value is a separate billboard lease generating an additional $3,000 annually. The tenant, Flowers Foods, boasts an investment-grade credit rating of BBB- from S&P, ensuring financial stability and reduced risk. This centrally located property in Sunflower County offers a secure, high-yield investment with significant long-term potential. The property's strong tenant, favorable lease terms, and substantial NOI make it an attractive addition to any portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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