1043 S Madison St - Medical FOR SALE


Tupelo, MS 38801
$3,575,163 USD
662-234-4044
1043 S Madison St, Tupelo, MS for Sale
$3,575,163 USD
Medical - FOR SALE
1/1
null | 7.65% Cap Rate

1043 S Madison St
Tupelo, MS 38801


HIGHLIGHTS

  • 50+ year operating history: North Mississippi Oral & Maxillofacial Surgery has served the region since 1974
  • Backed by HighFive Healthcare, a fast-growing dental support organization
  • Located just off the North Mississippi Medical Center campus, the largest non-metropolitan hospital in the U.S. and anchor of the local HC District
  • Long-term NN+ lease with 12-year primary term and two (2) six-year renewal options, each carrying a 10% rent increase
  • Built-to-suit medical facility staffed by 3+ board-certified oral and maxillofacial surgeons

OVERVIEW

50+ year operating history: North Mississippi Oral & Maxillofacial Surgery has served the region since 1974, backed by HighFive Healthcare, a fast-growing dental support organization Located just off the North Mississippi Medical Center campus, the largest non-metropolitan hospital in the U.S. and anchor of Tupelo's primary healthcare district Long-term NN+ lease with 12-year primary term and two (2) six-year renewal options, each carrying a 10% rent increase Build-to-suit medical facility staffed by 3+ board-certified oral and maxillofacial surgeons

FOR SALE DETAILS

PRICE

$3,575,163 USD

PRICE/SF

$394 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North MS Oral & Maxillofacial Surgery

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,280 SF

ZONING

-

APN/PARCEL ID

113J-07-053-00

ASK ABOUT THIS PROPERTY

Port CampanyRandall Commercial Group, LLCMore Info
662-234-4044

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Port CampanyRandall Commercial Group, LLCMore Info
662-234-4044

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