116 Scott Dr - Health Care FOR SALE


Mccomb, MS 39648
$621,000 USD
206-826-5730
116 Scott Dr, Mccomb, MS for Sale
$621,000 USD
Health Care - FOR SALE
1/4
null | 8% Cap Rate

116 Scott Dr
Mccomb, MS 39648


HIGHLIGHTS

  • Tenant Just Signed a 5-Yr Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
  • Tenant Has Occupied the Since Since 2014 on a NN Lease - 3% Annual Rent Bumps Moving Forward
  • REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities
  • Ideal Location Just Off Interstate-55 and Near Several Hotels, Restaurants and Shopping Centers

OVERVIEW

Marcus & Millichap is exclusively offering for sale the REM facility in McComb, Mississippi. The tenant who has occupied the site since 2014 recently signed a 5-year lease extension through December 31st, 2030 which included a 42% rent increase from 2025 to 2026. Moving forward the lease includes 3% annual rental escalations and the tenant has one 5-year option they can exercise which would take the lease through 2035. The property includes a 6,500 square foot building built in 1978 and it sits on a 0.66 acre parcel of land. The property is ideally located just off Interstate-55 and near several hotels, restaurants and shopping centers. REM Mississippi is a well established human services provider in Mississippi, specializing in community-based support for individuals with intellectual/developmental disabilities (IDD) and other support needs. REM offers a range of services across multiple locations, is part of a national network, and provides key services in the state’s disability support ecosystem. REM (originally in Minnesota) was founded back in 1967 with a first community living residence for individuals with IDD.

FOR SALE DETAILS

PRICE

$621,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REM Adult Learning Center (5-Yr Extension)

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C2

APN/PARCEL ID

582588

ASK ABOUT THIS PROPERTY

Hank WolferMarcus & MillichapMore Info
206-826-5730

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Hank WolferMarcus & MillichapMore Info
206-826-5730

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