For Sale
$4,300,000
1887 Lakeland Dr Jackson, MS 39216
Jackson, MS: Prime Bank Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 16,717 SF single-tenant office building in Jackson, MS.
- 100% occupied by Trustmark Bank under a gross lease expiring June 7, 2027 (2.5 years remaining).
- 6.26% cap rate and $269,140 NOI.
- Class B building on a 1.34-acre lot (C-2 zoning) with 75 parking spaces; built 1977, renovated 2020.
- Asking price: $4,300,000 ($257.22/SF).
Property Details for 1887 Lakeland Dr
- Property type
- Office properties
- Square Feet
- 16,717 SF
- Class
- B
- Year Built/Renovated
- 1977/2020
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 58,370 SF
- Units
- 1
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.333316353072
- Longitude
- -90.137849606306
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Jackson, MS: Prime Bank Investment
- Where is the office property located?
- The property is located at 1887 Lakeland Dr Jackson, MS.
- What is the asking price?
- The asking price for this property is $4,300,000.
- What are key features of this property?
- This property features: 16,717 SF single-tenant office building in Jackson, MS.; 100% occupied by Trustmark Bank under a gross lease expiring June 7, 2027 (2.5 years remaining).; 6.26% cap rate and $269,140 NOI.
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