5177 Old Brandon Rd - Medical FOR SALE


Jackson, MS 39208
$6,985,000 USD
601-291-0942
5177 Old Brandon Rd, Jackson, MS for Sale
$6,985,000 USD
Medical - FOR SALE
1/2
null | 9.68% Cap Rate

5177 Old Brandon Rd
Jackson, MS 39208


HIGHLIGHTS

  • Brand New 10 Year Lease with Precision Spine Inc. that began 10/1/2025
  • NOI projected to be $676,274.00 in year 2026. After year 3 there are 3% annual rent increases.
  • No Landlord responsibilities. Perfect for the passive investor
  • Cap Rate 9.68%
  • Conveniently located near the Jackson International Airport, Interstate 20 and Interstate 55.
  • Located in one Rankin County, one Mississippi's fastest growing.

OVERVIEW

This is a combination of 3 building that are leased by Precision Spine, Inc under 1 Lease. Building Information: 3 Freestanding Office/Light Manufacturing Buildings Totaling 29, 838 Sq. Ft. (Steel Frame Structure on a concrete slab) Building #!: 5177 Old Brandon Road, Pearl, MS - 10,104 SF - 6,178 SF Office & 3,962 SF Light Manufacturing located on a 1.16 acre lot. Building #2: 2040 Executive Drive, Pearl, MS - 10,270 SF - 2,856 Sf Office & 7,414 Light Manufacturing located on a 1.21 acre lot. Building #3: 2050 Executive Drive Pearl, MS - 9,464 SF - 5,727 SF Office & 3,737 Light Manufacturing located on a 1.28 acre lot. Lease Information: Lease renewal (a new lease was generated) with a ten year lease term beginning October 1, 2025. The year 2026 NOI is projected to be $676,274.00 with a Capitalization Rate of $9.68% Rental Income: $686,274 years 1 - 3 $706,862 year 4 $728,068 year 5 $749,910 year 6 $772,407 year 7 $795,580 year 8 $819,447 year 9 $844,030 year 10 Location: The buildings are located in the Jackson Metro Area in Rankin County and the City of Pearl, MS. Rankin County has a population of 157,031 people. A total of 59,626 households. The average household income is $94,113.00.

FOR SALE DETAILS

PRICE

$6,985,000 USD

PRICE/SF

$2,437 USD /SF

CAP RATE

9.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,529 SF

ZONING

C-2 General Commercial

APN/PARCEL ID

G09B-000002-00250

ASK ABOUT THIS PROPERTY

Philip HolmanThe Mattiace CompanyMore Info
601-291-0942

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Philip HolmanThe Mattiace CompanyMore Info
601-291-0942

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