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116 Scott Dr - REM Adult Learning Center (5-Yr Extension) 6,500 SF Health Care Building Offered at $621,000 at a 8% Cap Rate in Mccomb, MS 39648
INVESTMENT HIGHLIGHTS
- Tenant Just Signed a 5-Yr Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
- REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities
- Tenant Has Occupied the Since Since 2014 on a NN Lease - 3% Annual Rent Bumps Moving Forward
- Ideal Location Just Off Interstate-55 and Near Several Hotels, Restaurants and Shopping Centers
EXECUTIVE SUMMARY
Marcus & Millichap is exclusively offering for sale the REM facility in McComb, Mississippi. The tenant who has occupied the site since 2014 recently signed a 5-year lease extension through December 31st, 2030 which included a 42% rent increase from 2025 to 2026. Moving forward the lease includes 3% annual rental escalations and the tenant has one 5-year option they can exercise which would take the lease through 2035.
The property includes a 6,500 square foot building built in 1978 and it sits on a 0.66 acre parcel of land. The property is ideally located just off Interstate-55 and near several hotels, restaurants and shopping centers. REM Mississippi is a well established human services provider in Mississippi, specializing in community-based support for individuals with intellectual/developmental disabilities (IDD) and other support needs. REM offers a range of services across multiple locations, is part of a national network, and provides key services in the state’s disability support ecosystem. REM (originally in Minnesota) was founded back in 1967 with a first community living residence for individuals with IDD.
The property includes a 6,500 square foot building built in 1978 and it sits on a 0.66 acre parcel of land. The property is ideally located just off Interstate-55 and near several hotels, restaurants and shopping centers. REM Mississippi is a well established human services provider in Mississippi, specializing in community-based support for individuals with intellectual/developmental disabilities (IDD) and other support needs. REM offers a range of services across multiple locations, is part of a national network, and provides key services in the state’s disability support ecosystem. REM (originally in Minnesota) was founded back in 1967 with a first community living residence for individuals with IDD.
PROPERTY FACTS
| Price | $621,000 | Building Size | 6,500 SF |
| Price Per Bed | $621,000 | No. Beds | 1 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1978 |
| Property Type | Health Care | Parking Ratio | 3.38/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.68 AC | ||
| Zoning | C2 - Commercial | ||
| Price | $621,000 |
| Price Per Bed | $621,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 6,500 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 3.38/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial |
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PROPERTY TAXES
| Parcel Number | 582588 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $60,998 |
PROPERTY TAXES
Parcel Number
582588
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$60,998
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116 Scott Dr - REM Adult Learning Center (5-Yr Extension)
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