$1,550,000
2.8± Acres
New Listing
Pike County, Mississippi

Investment Property For Sale 12% CAP

ID: 66813
External ID/MLS: -- / 24-2221
Status: New Listing
Price: $1,550,000
Acres: 2.8±
Type: Commercial
Address: 119 W. Presley Blvd.
City, State: Mccomb, Mississippi
County: Pike
ZIP Code: 39648
Presented By: Patrick Gibson
Dwelling Sq Ft: 21,115

Description

Great investment opportunity and ROI in McComb, Mississippi. 100% occupied 4 tenant, 22,115 SF commercial building generates $214,200 of gross income and a 12% CAP!! Tenants and percentage of lease space include Quipt Home Medical (55%), Horizon Hospice (25%), Tobacco shop (14%) and Summit Financial (6%). Quipt, Horizon, and Summit have been tenants for many years and have renewed leases as required. The 2.8 acre property has excellent street frontage and visibility on Presley Blvd / Hwy 98 just west of the intersection of Presley Blvd/Hwy 98 & Hwy 51. Leases are 3 years and available upon request. Located across the street from the entrance to a large shopping center complex and also within 500' of national brands such as KFC, Church's Chicken, Subway, CitiTrends, Family Dollar, Dollar General, Sunflower, Advanced Auto Parts, and several convenience stores.

Ask Patrick About This Property

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