119 Presley Blvd McComb, MS 39648
12% Cap Rate, 4-Tenant Property
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 100% occupied, four-tenant commercial building totaling 22,115 square feet on 2.8 acres in McComb, MS.
- Strong 12% capitalization rate and $186,341 NOI; asking price $1,550,000 ($70.09/SF).
- Single-story building (1965 construction, 1995 renovation) with stucco siding, metal roof, and 80 parking spaces; C-2 zoning.
- Excellent visibility on Hwy 98, across from a major shopping center.
- Tenants include Quipt Home Medical (55%), Horizon Hospice (25%), a tobacco shop (14%), and Summit Financial (6%); three tenants have long-term leases with rent bumps; 1031 exchange opportunity.
Property Details for 119 Presley Blvd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 22,115 SF
- Year Built/Renovated
- 1965/1995
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 108,900 SF
- Units
- 1
Location Insight
- City
- McComb
- County
- Pike
- State
- Mississippi
- Latitude
- 31.229105346613
- Longitude
- -90.45536784476
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - 12% Cap Rate, 4-Tenant Property
- Where is the lifestyle center located?
- The property is located at 119 Presley Blvd McComb, MS.
- What is the asking price?
- The asking price for this property is $1,550,000.
- What are key features of this property?
- This property features: 100% occupied, four-tenant commercial building totaling 22,115 square feet on 2.8 acres in McComb, MS.; Strong 12% capitalization rate and $186,341 NOI; asking price $1,550,000 ($70.09/SF).; Single-story building (1965 construction, 1995 renovation) with stucco siding, metal roof, and 80 parking spaces; C-2 zoning.
- 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].