This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

962 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

106 Stribling Dr

4,856 SF Retail Building Brookhaven, MS 39601 $1,949,021 CAD ($401 CAD/SF) 6% Cap Rate

Restaurants Mississippi Brookhaven 106 Stribling Dr, Brookhaven, MS 39601

Investment Highlights

  • 7 Year NNN Lease with 2% Increases Each Year
  • I 55 visibility. 100 ft I55 pylon sign. surface parking

Executive Summary

Fully occupied retail tenant with 4,856 sf and on (Lot 3C) a 1 acre site. Site has a 100 ft Interstate Pylon sign and site has Interstate 55 visibility. Sits in front of Home Depot, Honda dealership and Stribling Equipment. Built in 2015 and Renovated in 2022.

Attachments

civil plans IHOP BROOKHAVEN

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,856 SF
Building Class
C
Year Built/Renovated
2015/2022
Price
$1,949,021 CAD
Price Per SF
$401 CAD
Cap Rate
6%
NOI
$117,015 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
0.98 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
N/A
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
310 ft on Johnny Johnson Drive

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

About 106 Stribling Dr , Brookhaven, MS 39601

Fully occupied retail tenant is 4,856 sf and on (Lot 3C) a 1 acre site. The lease incorporates 2% annual rent escalations during both the base and option terms, offering investors increased overall cash flows and a substantial safeguard against inflation. Has a 100 ft Interstate Pylon sign and site has Interstate 55 visibility. Sits in front of Home Depot, Honda dealership and Stribling Equipment. Built in 2015.

1 of 1

PROPERTY TAXES

Parcel Number B77-14-2-021.04 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $92,287 CAD

PROPERTY TAXES

Parcel Number
B77-14-2-021.04
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$92,287 CAD
(800) 951-3754

  • Listing ID: 15303976

  • Date on Market: 2019-02-28

  • Last Updated:

  • Address: 106 Stribling Dr, Brookhaven, MS 39601

The Retail Property at 106 Stribling Dr, Brookhaven, MS 39601 is currently available For Sale. Contact Encore Commercial for more information.

Nearby Listings

1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/9
106 Stribling Dr, Brookhaven, MS for sale Building Photo- Image 1 of 9
Exterior
106 Stribling Dr, Brookhaven, MS for sale Building Photo- Image 2 of 9
Exterior Front
106 Stribling Dr, Brookhaven, MS for sale Building Photo- Image 3 of 9
Exterior Side
106 Stribling Dr, Brookhaven, MS for sale Building Photo- Image 4 of 9
Exterior Side
106 Stribling Dr, Brookhaven, MS for sale Interior Photo- Image 5 of 9
Interior
106 Stribling Dr, Brookhaven, MS for sale Interior Photo- Image 6 of 9
Interior
106 Stribling Dr, Brookhaven, MS for sale Interior Photo- Image 7 of 9
Interior
106 Stribling Dr, Brookhaven, MS for sale Interior Photo- Image 8 of 9
Interior

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

106 Stribling Dr
(800) 951-3754 x

106 Stribling Dr

1/2

Mike Nelson

(800) 951-3754

(800) 951-3754

Alex Thompson

(228) 234-5663

(228) 234-5663

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link