22579 Depot St | Lexington, MS 39095
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- LoopNet Team
22579 Depot St
Lexington, MS 39095
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Longstanding Location for Tenant ( Tenant at Location Since 1993)
- Annual Rental Increases (1.5% Annual Rental Increases Throughout Current Term and Extended Terms)
- Certificate of Need State (High Barrier to Entry for Competition and Limited Potential to Relocate)
- Early Seven Year Lease Extension (7.75 Years of Lease Term Remaining with (three) five-year options)
- Passive Triple Net Lease Structure (Tenant Responsible for Capital Expenditures)
- 100% Market Share in Lexington, MS (Only Dialysis Clinic in 25 Mile Radius)
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1993/2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,600 SF
Building FAR
0.13
Lot Size
1.00 AC
Parking
5 Spaces (0.89 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 050-16-03901 | Improvements Assessment | $37,504 |
| Land Assessment | $2,502 | Total Assessment | $40,006 |
PROPERTY TAXES
Parcel Number
050-16-03901
Land Assessment
$2,502
Improvements Assessment
$37,504
Total Assessment
$40,006
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