Description
Located 25 miles east of the MS River, this newly-updated facility is convenient for transport to the river on Hwy 315. The facility was extensively reworked with 2 drive-over systems with 10 grain pumps for a total of 5,600/bushels per hour. Recent Improvements: new wiring, electric panels, breakers, grain pumps, augers, floors, stands, underground electricity, & multiple new doors & fans. The bins have been 100% full this year and will hold over 300,000 bushels at max capacity. Total revenue is $113K per gross year. Seller is considering a single tenant NNN lease for the 2024 year. 7.5% CR
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0BEDS
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6.5ACRES
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0BATHS
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01/2 BATHS
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283,140SQFT
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$5$/SQFT
Description
Located 25 miles east of the MS River, this newly-updated facility is convenient for transport to the river on Hwy 315. The facility was extensively reworked with 2 drive-over systems with 10 grain pumps for a total of 5,600/bushels per hour. Recent Improvements: new wiring, electric panels, breakers, grain pumps, augers, floors, stands, underground electricity, & multiple new doors & fans. The bins have been 100% full this year and will hold over 300,000 bushels at max capacity. Total revenue is $113K per gross year. Seller is considering a single tenant NNN lease for the 2024 year. 7.5% CR
© 2023 North Central Mississippi Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cannon & Cleary. Data last updated: 2023-12-04T12:55:59.883