Cap Rate: 6.75%
Net Operating Income: $144,000
This is an absolute net leased C-Store offering in Victoria, MS. This Exxon branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 462-unit operator.
Victoria is an unincorporated community in Marshall County, Mississippi, United States.
Marshall County is a county located in the U.S. state of Mississippi. As of the 2010 census, the population was 37,144. Its county seat is Holly Springs. The county is named for Chief Justice of the United States John Marshall.
Marshall County is part of the Memphis, TN-MS-AR Metropolitan Statistical Area.