Listing Summary
Anchor Point Capital is pleased to present an exceptional single-tenant net lease (STNL) commercial real estate investment opportunity: a 2,816-square-foot Convenience Store and Gas Station situated on a prominent 0.95-acre parcel in Lucedale, Mississippi.
Full Description
High-Yield Single-Tenant Investment: Absolute NNN Gas Station in Lucedale, MS
Anchor Point Capital is pleased to present an exceptional single-tenant net lease (STNL) commercial real estate investment opportunity: a 2,816-square-foot Convenience Store and Gas Station situated on a prominent 0.95-acre parcel in Lucedale, Mississippi. Operating under a brand-new 20-year Absolute NNN lease executed at the close of escrow, this asset offers a completely passive income stream with zero landlord responsibilities.
Priced at an attractive 8.00% Cap Rate with an initial Net Operating Income (NOI of $195,996), the property is backed by a corporate lease guaranty from SGS Holdings—a seasoned regional operator with over 20 years of industry experience and approximately 30 operational units. Featuring steady 1.75% annual rental escalations through both the primary term and option periods, along with potential Bonus Depreciation tax benefits (consult your CPA), this high-performing retail asset offers long-term cash flow security in a high-growth Mississippi transit corridor.
Investment Highlights
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100% Passive Income Structure: Brand-new 20-year Absolute NNN lease with zero landlord obligations for maintenance, repairs, or capital expenditures.
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High-Yield Return: Offered at a competitive 8.00% Cap Rate generating $195,996 in initial Net Operating Income (NOI).
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Compounding Rent Escalations: Built-in 1.75% annual rental increases during the primary term and extension options to hedge against inflation.
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Strong Operational Guaranty: Corporate guarantee by SGS Holdings, an established retail operator with a 20+ year operating history across ~30 locations.
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Strategic High-Traffic Corridor: Excellent street-front visibility along Highway MS-63, capturing over 10,900 vehicles per day (VPD).
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Fee Simple Asset Class: Ownership of both land and physical structure unlocks potential accelerated cost recovery and Bonus Depreciation tax advantages.
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High Household Spending Power: Average household incomes exceed $79,500 within a 5-mile radius of the property.
Detailed Property Specifications
| Feature |
Details |
| Property Type |
Retail (Convenience Store / Gas Station) |
| Location |
Lucedale, MS (George County) |
| APN |
01504130.200 |
| Building Size |
2,816 SF (6 Fueling Lanes) |
| Lot Size (Acreage) |
0.95 Acres |
| Year Built |
1998 |
| Cap Rate |
8.00% |
| Net Operating Income (NOI) |
$195,996 |
| Tenancy |
Single-Tenant |
| Guarantor |
SGS Holdings (~30 Units) |
| Lease Type |
Absolute NNN (Zero Landlord Responsibilities) |
| Lease Term |
New 20-Year Term Executed at Close of Escrow |
| Rent Increases |
1.75% Annual Escalations (Primary Term & Options) |
| Ownership Interest |
Fee Simple (Land & Building) |
Location & Market Analysis: Lucedale & George County, MS
Strategic Logistics & Commercial Throughput Corridor
Situated directly along MS-63, the site benefits from a key regional thoroughfare that serves as a primary transit link for commercial freight, timber, and industrial transport throughout George County. The corridor connects local commuters, industrial traffic, and surrounding rural communities, making it an essential refueling and daily convenience stop.
Rapid Demographic Expansion & Strong Economics
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Population Growth: The surrounding area within 10 miles has expanded by 6.45% since 2020, with continued growth projected at 4.19% through 2030.
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Dominant Consumer Spending: Transportation and vehicle maintenance represent the second-largest consumer expenditure category within a 3-mile radius, accounting for roughly 24.6% of all total consumer spending.
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Core Trade Hub: Positioned within the primary commercial center of Lucedale, the property captures both local commuter traffic and regional transit drivers needing fuel and convenience retail.
Exclusive Listing Team Contact Information
For full offering memorandums, financial analyses, or transaction details, please contact the listing brokers at Anchor Point Capital:
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Chandler Dignam | cdignam@anchorpointcapital.com
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Ned Skinner | nskinner@anchorpointcapital.com
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Nick Sarris | nsarris@anchorpointcapital.com
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Brokerage: Anchor Point Capita
Quick Glance
- Listing ID:
CL-Mississippi-28069
- Status:
Active
- Year Build:
1998
- Building Size:
2,816 SqFt
- Lot Size:
1 Acr
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