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133 Scanlan St 133 Scanlan St 606,321 SF 100% Leased Industrial Building Newton, MS 39345 $12,500,000 ($20.62/SF) 7.80% Cap Rate



Executive Summary
FOR SALE – INVESTMENT OPPORTUNITY
This 606,000 square foot industrial facility is situated on 27.5 acres in Newton, Mississippi and is 100% leased to two globally-operating credit tenants. Offered at $12,500,000, the property provides investors just below an 8.0% cap rate based on a current NOI of $975,000, supported by in-place leases with 2 years of remaining term. The asset will generate gross rental income of $1,172,500 for 2026. Located just 60 miles east of Jackson, MS and only one mile to Interstate 20, the facility is well positioned for manufacturing and logistics operations along the Southeast corridor. A majority of the warehouse is conditioned and features up to 37 loading docks, supporting high-volume distribution and operational flexibility. Power infrastructure includes a 2,500 KVA main plant transformer (fuse protected for 3,000 amps @ 480V), a 1,500 KVA chiller room transformer (breaker protected for 1,600 amps @ 480V), and a currently installed 750 KVA transformer supporting 900 amps @ 480V.Approximately 20,000 square feet of office space is in place with management offices, training rooms, an in-house infirmary, and cafeteria.
This 606,000 square foot industrial facility is situated on 27.5 acres in Newton, Mississippi and is 100% leased to two globally-operating credit tenants. Offered at $12,500,000, the property provides investors just below an 8.0% cap rate based on a current NOI of $975,000, supported by in-place leases with 2 years of remaining term. The asset will generate gross rental income of $1,172,500 for 2026. Located just 60 miles east of Jackson, MS and only one mile to Interstate 20, the facility is well positioned for manufacturing and logistics operations along the Southeast corridor. A majority of the warehouse is conditioned and features up to 37 loading docks, supporting high-volume distribution and operational flexibility. Power infrastructure includes a 2,500 KVA main plant transformer (fuse protected for 3,000 amps @ 480V), a 1,500 KVA chiller room transformer (breaker protected for 1,600 amps @ 480V), and a currently installed 750 KVA transformer supporting 900 amps @ 480V.Approximately 20,000 square feet of office space is in place with management offices, training rooms, an in-house infirmary, and cafeteria.
Property Facts
| Price | $12,500,000 | Lot Size | 27.51 AC |
| Price Per SF | $20.62 | Rentable Building Area | 606,321 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 7.80% | Year Built/Renovated | 1960/2010 |
| Property Type | Industrial | Parking Ratio | 0.41/1,000 SF |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 37 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | L-2 - Heavy Industrial | ||
| Price | $12,500,000 |
| Price Per SF | $20.62 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 27.51 AC |
| Rentable Building Area | 606,321 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2010 |
| Parking Ratio | 0.41/1,000 SF |
| No. Dock-High Doors/Loading | 37 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | L-2 - Heavy Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,540 | Total Assessment | $1,540 |
Property Taxes
Parcel Numbers
Land Assessment
$1,540
Improvements Assessment
$0
Total Assessment
$1,540
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