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2978 Mattox St
Tupelo, MS 38801
Fresenius Medical Care - Mattox St Tupelo · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
17,152 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,152 SF
Building FAR
0.12
Lot Size
3.25 AC
Parking
70 Spaces (4.08 Spaces per 1,000 SF Leased)

ABOUT 2978 MATTOX ST , TUPELO, MS 38801

Cook & Associates Real Estate Advisors are pleased to present the Fresenius Medical Care clinic located in Tupelo, Mississippi. The subject property is a single tenant, 17,152 sq. ft, build-to-suit facility for Fresenius in 2009. This investment offers just under six years of lease term, with a 10% rental increase coming up in November 2019. Fresenius Medical Care - Tupelo is ideally located within the State of Mississippi, which is only one of twelve states in the country that require a Certificate of Need for renal care facilities. This government requirement limits competition among dialysis providers and grants operation approval based strictly on the demographic need for the services of the tenant. This encourages a strong commitment to a location by the tenant. For the investor, this provides an extra layer of security to the investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114S-18-010-06
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$346,077
  • Listing ID: 15568330

  • Date on Market: 3/28/2019

  • Last Updated:

  • Address: 2978 Mattox St, Tupelo, MS 38801

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