SPEEDEE/ MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST HATTIESBURG, MS 39402 Joshua Blackledge, CCIM Senior Advisor 601.264.4622 jblackledge@svn.com Greg Brett Advisor 601.264.4622 gbrett@svn.com Gene Carothers, CCIM Managing Director 601.264.4622 gene.carothers@svn.com SVN SOUTHGATE REALTY, LLC 1700 S. 28TH AVENUE, SUITE C, HATTIESBURG, MS 39402 OFFERING MEMORANDUM
Property Summary OFFERING SUMMARY Sale Price: $1,280,000 Year Built: 1991 Building Size: 2,920 SF Zoning: B-5 Market: Hattiesburg Traffic Count: 47,000 PROPERTY OVERVIEW This site is host t/midas Oil Change and Auto Services, consisting of.559 acres (24,341 SF), with direct access to Hardy St/Hwy 98. The remote business market consists of TJ MAX, Hobby Lobby, Popeyes, Lowes, Turtle Creek Mall, Walgreens, Merit Health Wesley Medical Center, and Community Bank, to name a few. The site can be accessed from Hardy St/Hwy 98, Weathersby Rd, and Magnolia Dr. The property can also be accessed going west via a median break along Hardy St. The owner would like to sell the business and real estate; however, would be willing to sell the business/equipment and lease the real estate. The franchise agreement expires in approximately 4 years. Financial information in file upon request. PROPERTY HIGHLIGHTS Long History of Successful Sales Business/equipment/real estate included in sale Owner would sell business/equipment and lease real estate Price / SF: $438.36 SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 2
Additional Photos SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 3
Site Plan SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 4
Regional Map Speedee/Midas Oil Change and Auto Services SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 5
Location Maps SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 6
Demographics Report 3 MILES 5 MILES 10 MILES Total population 27,716 57,032 107,079 Median age 28.9 30.7 32.0 Median age (male) 28.8 30.3 31.4 Median age (female) 29.2 31.3 32.6 3 MILES 5 MILES 10 MILES Total households 11,348 23,227 41,480 Total persons per HH 2.4 2.5 2.6 Average HH income $52,244 $54,517 $56,301 Average house value $168,948 $159,638 $154,696 * Demographic data derived from 2010 US Census SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 7
Demographics Map POPULATION 3 MILES 5 MILES 10 MILES Total population 27,716 57,032 107,079 Median age 28.9 30.7 32.0 Median age (male) 28.8 30.3 31.4 Median age (Female) 29.2 31.3 32.6 HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES Total households 11,348 23,227 41,480 # of persons per HH 2.4 2.5 2.6 Average HH income $52,244 $54,517 $56,301 Average house value $168,948 $159,638 $154,696 * Demographic data derived from 2010 US Census SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 8
Advisor Bio JOSHUA BLACKLEDGE, CCIM Senior Advisor 1700 S. 28th Avenue Suite C Hattiesburg, MS 39402 T 601.264.4622 C 601.323.0157 jblackledge@svn.com PROFESSIONAL BACKGROUND Josh recently joined SVN Southgate Realty after 8 years in lending and 2.5 years in real estate brokerage. A graduate of the University of Mississippi, Josh earned a B.S. in Business Administration and began his professional career in the field of commercial and residential real estate lending. He soon integrated his position in finance with real estate, and used his specialized background to complete numerous transactions and forge productive industry relationships across the Mississippi market. Blackledge recently earned his CCIM designation, uniquely qualifying him to integrate his banking experience and realty expertise to satisfy clients' needs across the decision-making continuum. As Senior Advisor, he specializes in the sales and leasing of industrial, multifamily, office and retail properties. EDUCATION B.S in Business Administration-University of Mississippi University of Mississippi Undergraduate School of Banking CCIM SPEEDEE/MIDAS OIL CHANGE AND AUTO SERVICES 5032 HARDY ST, HATTIESBURG, MS 39402 SVN Southgate Realty, LLC Page 9