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544 S Main St 52,132 SF 93% Leased Office Building Greenville, MS 38701 $3,300,000 ($63.30/SF) 6.55% Cap Rate
Executive Summary
Way below replacement cost building with national tenant! Over $24,000 per month gross rental income with only 30% occupancy! a college tenant prepaid rent for the next two years!!
The current tenants are Region banks, Tugaloo College, 4 different law offices and a portion leased to a restaurant.
Lots upside potential for this building!
The current tenants are Region banks, Tugaloo College, 4 different law offices and a portion leased to a restaurant.
Lots upside potential for this building!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
52,132 SF
Building Class
C
Year Built
1980
Price
$3,300,000
Price Per SF
$63.30
Cap Rate
6.55%
NOI
$216,000
Percent Leased
93%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,377 SF
Building FAR
0.94
Lot Size
1.27 AC
Opportunity Zone
Yes
Parking
20 Spaces (0.38 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 300-3,600 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 300-3,600 SF | Office | - | Now |
1st Floor
| Size |
| 300-3,600 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
Property Taxes
| Parcel Number | 10148200000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $152,325 |
Property Taxes
Parcel Number
10148200000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$152,325
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Presented by
A&S Investment Group Inc
544 S Main St
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