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128 River View Dr 2,972 SF Office Building Flowood, MS 39232 $975,000 ($328.06/SF) 7.04% Cap Rate
EXECUTIVE SUMMARY
Avison Young is pleased to offer for purchase a medical office building located in Flowood, MS, five miles northeast of Jackson. The property is 2,972 square feet (sf) and is leased to Affordable Dentures and Implants who has approximately 425 locations in 43 states. The tenant has operated successfully in this location for nearly 20 years and recently executed a 5-year lease extension with a 10% rent increase, expressing commitment to this site.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,972 SF
Building Class
B
Year Built
2003
Price
$975,000
Price Per SF
$328.06
Cap Rate
7.04%
NOI
$68,640
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,972 SF
Building FAR
0.01
Lot Size
12.81 AC
Zoning
M - Medical Clinic/Office
Parking
30 Spaces (10.09 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | E10J-000001-00040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $84,752 |
PROPERTY TAXES
Parcel Number
E10J-000001-00040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$84,752
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128 River View Dr
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