Former Vacuum Truck Rental Headquarters Sells to Las Vegas Equipment Rental Company

Press Release

Richland, January 18, 2021 – Pinpoint Commercial Real Estate announced today that is has closed on the sale of the former Vacuum Truck Rental headquarters located at 305 Walker Circle in Richland, MS. The 16,265 SF flex industrial asset is located on 2.68 acres and was built in 2001 with renovations in 2013. The complex was located on the West side of Hwy 49 S just off of Old Hwy 49.

Pinpoint’s Sam Cox represented the Seller, Walker Circle Properties. Las-Vegas based Ahern Rentals purchased the asset.

“We were very pleased with the value that we were able to achieve on behalf of our client,” Cox said. “The Seller had difficulty selling the asset with the property being on the market with another firm for over a year. Once we were brought onboard for the assignment, we implemented an aggressive marketing strategy. In less than four short months, we had the property under contract at a price that was close to asking price”.

Pinpoint will provide you with a marketing plan that will be appropriate for your individual property attracting lucrative returns. Through our marketing platforms, we ensure that your exposure is both locally & nationally creating a large database of prospects. Co-Brokering is an incremental part to our disposition platform as we assist large corporations with national brokers in disposing of their real estate to give them the local competitive advantage.

For more information on the service that was provided on this transaction, please visit our Acquisition/Disposition page.