670 Crossover Rd - Medical FOR SALE


Tupelo, MS 38801
$3,262,500 USD
662-231-4262
670 Crossover Rd, Tupelo, MS for Sale
$3,262,500 USD
Medical - FOR SALE
1/18
null | Request Cap Rate

NEW


670 Crossover Rd
Tupelo, MS 38801


HIGHLIGHTS

  • Outstanding location in the shadow of NMMC
  • Great Condition
  • Excellent parking and covered drop-off access

OVERVIEW

The subject property includes an EIFS and brick veneer medical facility with a metal, hipped roof (completely replaced in 2024) on a concrete slab foundation that totals approximately 14,500 square feet in size. The facility was constructed for Endocrinology Associates in 2001 and has been well-maintained. The facility offers many points of access, however, the primary entrance of the building features an approximate 1,953 square foot Porte cochere for covered vehicular access. The building includes a large reception/ waiting area, general office areas including 4 executive offices, general work/ lab areas, 18 exam rooms, a radiographic room, filing area, storage area, a large kitchen/ break area, and 8 restrooms. The facility finishes mostly consist of vinyl, vinyl tile and carpeted flooring, and acoustic drop-in tile ceilings. The building is heated and cooled by central units (analysis report available upon request). Plans allow for an addition to the building in case of future expansion needs. The site, consisting of 2.765 acres, includes an asphalt drive with concrete curbing and walkways, and an attractive, professional landscaping package. The parking area includes 96 parking spaces representing an ample 6.62/ 1000 ratio. The property is located in the shadow of the North Mississippi Medical Center’s main unit in the Tupelo Medical Park surrounded by other medical office buildings. Crossover Road intersects South Gloster Street, which is one of the primary commercial corridors in the market providing proximate restaurant and lodging opportunities for healthcare providers & patients. North Mississippi Medical Center-Tupelo is the flagship hospital of North Mississippi Health Services, a 640-bed regional referral center and the largest non-metropolitan hospital in America. The medical center offers a wide range of services with recognized centers of excellence in over 50 medical specialties, including Cardiac Surgery & Cardiology, Neurology & Neurosurgery, Cancer Treatment, Trauma Care - Designated a Level II trauma center by the Mississippi State Department of Health, the only one in north Mississippi – Rehabilitation programs to aid recovery,: Specialized Neonatal Care for newborns, and Home Health Services extending to patients in 17 counties in north Mississippi.

FOR SALE DETAILS

PRICE

$3,262,500 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Endocrinology MOB

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

MUE

APN/PARCEL ID

113A-06-092-00

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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