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Virtual Drive-By

Valero Absolute NNN

15121 Mississippi 16 · Philadelphia, MS 39350 · Convenience / Fuel

Asking price
$2,800,000
Cap rate
8.00%
NOI
$224,004

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining20.0 yrs
Expiration
Rent bumps
Options
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,200
Price / SF$875
Year built2003
Lot size1.30 ac
TypeConvenience Store, Gas Station, Storefront
Days on market33

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

For more information contact:

  • ​Chandler Dignam - cdignam@anchorpointcapital.com
  • ​Ned Skinner - nskinner@anchorpointcapital.com
  • ​Nick Sarris - nsarris@anchorpointcapital.com

Excellent Single Tenant Investment Opportunity

  • ​Absolute NNN Lease; Zero Landlord Responsibilities
  • ​New 20 Year Lease Executed at Close of Escrow
  • ​Strong Lease Guaranty; SGS Holdings; Approximately 30 Units and Over 20 years of Operating History
  • ​Fee Simple Land and Building Ownership
  • ​Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
  • ​1.75% Annual Increases in Primary Term and Options
  • ​3,200 SF Square Feet Convenience Store with 12 Fueling Lanes

Outstanding Location in Philadelphia, MS

  • ​High Traffic Corridor; 19,200+ Cars Per Day along MS-16 W, the Primary East-West Connector Between Downtown Philadelphia and Pearl River Resort
  • ​Positioned Less than 2 Miles from Pearl River Resort Hotel and Casino; a Major Regional Tourism and Employment Driver
  • ​Less than 2 Miles from Geyser Falls Water Theme Park; A 23-Acre Family Entertainment Destination Drawing Significant Seasonal Visitor Traffic Directly Past the Site
  • ​Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 25.9% of all Consumer Spending

Property overview

For more information contact:

  • ​Chandler Dignam - cdignam@anchorpointcapital.​com
  • ​Ned Skinner - nskinner@anchorpointcapital.​com
  • ​Nick Sarris - nsarris@anchorpointcapital.​com

Excellent Single Tenant Investment Opportunity

  • ​Absolute NNN Lease; Zero Landlord Responsibilities
  • ​New 20 Year Lease Executed at Close of Escrow
  • ​Strong Lease Guaranty; SGS Holdings; Approximately 30 Units and Over 20 years of Operating History
  • ​Fee Simple Land and Building Ownership
  • ​Qualifies for Bonus Depreciation (Consult Your CPA for Tax Benefits)
  • ​1.75% Annual Increases in Primary Term and Options
  • ​3,200 SF Square Feet Convenience Store with 12 Fueling Lanes

Outstanding Location in Philadelphia, MS

  • ​High Traffic Corridor; 19,200+ Cars Per Day along MS-16 W, the Primary East-West Connector Between Downtown Philadelphia and Pearl River Resort
  • ​Positioned Less than 2 Miles from Pearl River Resort Hotel and Casino; a Major Regional Tourism and Employment Driver
  • ​Less than 2 Miles from Geyser Falls Water Theme Park; A 23-Acre Family Entertainment Destination Drawing Significant Seasonal Visitor Traffic Directly Past the Site
  • ​Total Transportation and Maintenance Spending Represent the 2nd Largest Consumer Expenditure with a 3-Mile Radius; Approximately 25.9% of all Consumer Spending

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.