133 Scanlan St - Distribution FOR SALE


Newton, MS 39345
$12,500,000 USD
225-810-3379
133 Scanlan St, Newton, MS for Sale
$12,500,000 USD
Distribution - FOR SALE
1/19
null | 7.8% Cap Rate

133 Scanlan St
Newton, MS 39345


OVERVIEW

FOR SALE – INVESTMENT OPPORTUNITY This 606,000 square foot industrial facility is situated on 27.5 acres in Newton, Mississippi and is 100% leased to two globally-operating credit tenants. Offered at $12,500,000, the property provides investors just below an 8.0% cap rate based on a current NOI of $975,000, supported by in-place leases with 2 years of remaining term. The asset will generate gross rental income of $1,172,500 for 2026. Located just 60 miles east of Jackson, MS and only one mile to Interstate 20, the facility is well positioned for manufacturing and logistics operations along the Southeast corridor. A majority of the warehouse is conditioned and features up to 37 loading docks, supporting high-volume distribution and operational flexibility. Power infrastructure includes a 2,500 KVA main plant transformer (fuse protected for 3,000 amps @ 480V), a 1,500 KVA chiller room transformer (breaker protected for 1,600 amps @ 480V), and a currently installed 750 KVA transformer supporting 900 amps @ 480V.Approximately 20,000 square feet of office space is in place with management offices, training rooms, an in-house infirmary, and cafeteria.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

133 Scanlan St

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

37

DRIVE INS

1

PARKING SPACES

250

LAND DETAILS

LAND ACRES

27.51

LAND SF

1,198,336

ZONING

L-2

APN/PARCEL ID

057G-27-00-047.00,057J-34-03-001.00

ASK ABOUT THIS PROPERTY

Ransom PipesMaestri-Murrell Commercial Real EstateMore Info
225-810-3379

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Ransom PipesMaestri-Murrell Commercial Real EstateMore Info
225-810-3379

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