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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

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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.

Property Facts

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

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 057J-34-03-001.00
  • 057G-27-00-047.00
Land Assessment
$1,540
Improvements Assessment
$0
Total Assessment
$1,540
  • Listing ID: 39421634

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 133 Scanlan St, Newton, MS 39345

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