Investment Overview
Located in the Ridgeland, MS industrial park - Payne Realty if offering for sale these two office / warehouse properties. These two buildings are on the same parcel of land and consist of +/- 6,426 square feet (3,540 heated and cooled and 2,886 of non-climate controlled partially finished warehouse) and +/- 11,526 square feet of high-end office finish with studio space. Both are occupied to a credit tenant who has occupied the same building for close to 20 years. The properties have 6 + years remaining on a 10-year lease that was executed in 2020. This would be a great place for a client coming out of a 1031 exchange or looking for a potential value add opportunity in a stable area of Madison County. Please call our office for more information on this property.
Investment Highlights
- 6 + years remaining on a 10 year lease
- Potential value add opportunity
- Easy access to Hwy 51 and I-55