100 - 104 Business Park Dr - Office FOR SALE


Ridgeland, MS 39157- Outer Ridgeland/Madison
$6,800,000 USD
601-981-6800
100 - 104 Business Park Dr, Ridgeland, MS for Sale
$6,800,000 USD
Office - FOR SALE
1/38
null | 7.5% Cap Rate

100 - 104 Business Park Dr
Ridgeland, MS 39157
Outer Ridgeland/Madison


HIGHLIGHTS

  • 4 Institutional Quality Buildings Totaling 56,076 SF
  • Diverse Tenant Roster - Regional and National Tenants
  • Strong Leasing Drivers - Significant Leasing Activity Over The Past 12 Months
  • 2 Dock-High Doors and 22 Rear Double Doors
  • Growing Area - New AWS Data Center campus, UPS Ground and Anheuser-Busch Distribution Center all within one (1) mile of the subject property.

OVERVIEW

This investment opportunity consists of an industrial-flex warehouse complex, comprised of four (4) tilt-up construction buildings with tremendous Interstate access and visibility. The property ideally situated on the southern end of the Highland Colony Parkway in the city of Ridgeland (Jackson suburb), Mississippi which makes the complex very attractive with its proximity to new major employers, industrial developments, and high-end retail. The property sits on approximately 10 acres, including a diverse range of regional and national tenants with the majority having strong annual rent increases, and over 2 acres of undeveloped land for future truck court or outdoor storage.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100-106 Business Park

PROPERTY TYPE

Office

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

TIP

APN/PARCEL ID

071G-35C-004-02-00

ASK ABOUT THIS PROPERTY

Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

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Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.