For Sale
$400,000

12 Lakeland Cir Jackson, MS 39216

4,200 SF Office, 100% Occupied, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional property at 12 Lakeland Circle in Jackson, Mississippi, presents a lucrative investment opportunity. The 4,200 square foot building boasts a highly desirable combination of office and residential subtypes, currently operating at 100% occupancy. Two long-term tenants ensure a stable income stream, generating a gross annual income of $45,900 and a net operating income (NOI) of $27,000. Located in Hinds County, zip code 39216, this property is strategically positioned in Jackson, MS. The asking price is $400,000, offering a strong return on investment. The property's versatile nature, combined with its impressive financial performance and stable tenancy, makes it an ideal acquisition for discerning investors seeking a high-yield, low-risk opportunity in a thriving Mississippi market. The property is classified as both Office and Land, providing additional potential for future development or expansion. This is a rare chance to acquire a fully occupied, income-producing asset in a prime Jackson location. Detailed financial statements are available upon request.

Highlights

  • 4,200 SF building in Jackson, MS, offering a mix of office and residential space.
  • 100% occupancy with two long-term tenants generating $45,900 gross annual income and $27,000 NOI.
  • Located at 12 Lakeland Circle, Hinds County, MS 39216.
  • Asking price: $400,000.
  • Classified as Office and Land, offering development potential.

Property Details for 12 Lakeland Cir

Property type
Office properties, Land
Square Feet
4,200 SF

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.333227
Longitude
-90.1319867

FAQs

What type of property is this?
Office property - 4,200 SF Office, 100% Occupied, High NOI
Where is the office property located?
The property is located at 12 Lakeland Cir Jackson, MS.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 4,200 SF building in Jackson, MS, offering a mix of office and residential space.; 100% occupancy with two long-term tenants generating $45,900 gross annual income and $27,000 NOI.; Located at 12 Lakeland Circle, Hinds County, MS 39216.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12 Lakeland Cir
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message