Pinpoint Commercial Real Estate announced today that it has recently closed on the sale of 109 Willie Drive, an industrial building in Pearl, Mississippi. The 25,600 square foot building sits on approximately 1.16 acres just off US-80. The industrial property is home to a long-term tenant with two five-year renewal options at its disposal.
Pinpoint’s BB Mitchell represented the Seller.
“This was a fun project to be a part of. The building is net leased to a national credit tenant and we were able to achieve an extremely attractive exit cap rate on the disposition.”
Pinpoint will provide you with a marketing plan and due diligence that will be appropriate for your individual property attracting lucrative returns in your investment. Through our marketing platforms, we ensure that your exposure is both locally & nationally creating a large database of prospective clients. Co-Brokering is an incremental part of our disposition platform as we assist transactions of large corporations with national brokers in disposing of their real estate property to give them the local competitive advantage. For more information on the service that was provided on this transaction click here.