416 18th Ave - Medical FOR SALE


Meridian, MS 39301
$3,755,732 USD
332-345-4222
416 18th Ave, Meridian, MS for Sale
$3,755,732 USD
Medical - FOR SALE
1/2
null | 7.25% Cap Rate

416 18th Ave
Meridian, MS 39301


HIGHLIGHTS

  • Recession-Proof Tenant
  • Emerging & Essential Industry
  • Leading Operator in the Space

OVERVIEW

Surmount is pleased to present the exclusive listing for a Biomat USA located at 416 18th Ave, Meridian, MS 39301. The site consists of roughly 13,724 rentable square feet of building space on an estimated 1.28-acre parcel of land. The current annual rent is $272,291 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$3,755,732 USD

PRICE/SF

$274 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biomat USA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

-

APN/PARCEL ID

084-18-1-3486-010-00100

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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