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Building A 1926 First Commercial Dr N 9,750 SF 100% Leased Office Building Southaven, MS 38671 $1,223,000 ($125.44/SF) 9.01% Cap Rate
Executive Summary
Multi Tenant Single Story
Located in Southaven, MS
7 rental units; 100% Occupied
Sale Price: $1,223,000
In place cap rate 9%
New roof installed in 2025
Located less than 5 minutes from I-55 and I-69 interchange
Close proximity to Memphis International Airport
Ideal for investment
Located in Southaven, MS
7 rental units; 100% Occupied
Sale Price: $1,223,000
In place cap rate 9%
New roof installed in 2025
Located less than 5 minutes from I-55 and I-69 interchange
Close proximity to Memphis International Airport
Ideal for investment
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,750 SF
Building Class
C
Year Built
1981
Price
$1,223,000
Price Per SF
$125.44
Cap Rate
9.01%
NOI
$110,138
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,750 SF
Building FAR
0.24
Lot Size
0.94 AC
Zoning
C-4 - Planned Commercial District
Parking
20 Spaces (2.05 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Young Actors Guild
- Information
- -
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Young Actors Guild | Information | - | - | Lorem Ipsum | Jan 0000 |
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Property Taxes
| Parcel Number | 1086231600000401 | Improvements Assessment | $54,265 |
| Land Assessment | $8,562 | Total Assessment | $62,827 |
Property Taxes
Parcel Number
1086231600000401
Land Assessment
$8,562
Improvements Assessment
$54,265
Total Assessment
$62,827
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Building A | 1926 First Commercial Dr N
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