8963 Hwy 178 Hwy - Office FOR SALE
Olive Branch, MS 38654 |
$2,760,000 USD
512-359-9190
8963 Hwy 178 Hwy
Olive Branch, MS 38654
HIGHLIGHTS
- Prime Location: Spanning 2.27 acres with 20,297 SF of gross leasable area, this center offers exceptional visibility and convenient access.
- Located on Old Highway 78 with easy access to Highway 302 (30,224 VPD).
- Occupancy value-add: The property features an 80% occupancy rate, providing investors with the opportunity to create value.
- Property’s unique layout and build creates opportunity for spaces to be leased to office, warehouse, and retail tenants alike.
- Built in 2019, the property is a new, high-quality asset with minimal maintenance requirements, adding to its long-term value and appeal.
- Olive Branch is a fast-growing city within the Memphis metro area, offering investors access to a robust economic hub.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 20,297 SF WestBranch Center located at 8963 Highway 178 in Olive Branch, MS. Currently 80% occupied, the property offers investors a strong value-add opportunity through additional lease-up potential. Constructed in 2019, this modern, high-quality asset requires minimal maintenance, enhancing its long-term value and investment appeal.
In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616
FOR SALE DETAILS
PRICE
$2,760,000 USD
PRICE/SF
$270 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WestBranch Center - Olive Branch, MS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Freestanding, Loft/Creative Space, Health Club
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
2.28 AC
LAND SF
99,317 SF
ZONING
C-2
APN/PARCEL ID
1068280040001300
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512-359-9190
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512-359-9190
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