Listed by NAI UCR Properties
$770,000
224 Commerce Park Drive
Details
Property Type Office
Sub Type Traditional Office, Creative Office
Square Footage 5,891
Cap Rate 9.50%
NOI $72,996
Price per SqFt $131
Stories 2
Office | 9.50% CAP | 5,891 SF
Marketing description
NAI UCR Properties is proud to introduce an exceptional investment opportunity in Brandon, Mississippi – 224 Commerce Park Drive. This well-positioned, two-story office building offers a leased investment with a strong 9.5% capitalization rate, making it an attractive option for investors seeking above average immediate returns. Priced at $770,000, this asset features a lease with Gray Daniels Auto Accounting group in place through December 2026, with upside potential upon potential lease renewal or re-tenanting.
Located in the thriving and business-friendly city of Brandon, this property is surrounded by a mix of professional services. With its strategic location and compelling financials, 224 Commerce presents a prime opportunity to own a quality investment in one of Central Mississippi’s most desirable trade areas.
Investment highlights
- 5,891 SF
- 9.5% Cap Rate
- Strong Tenant
- High demand office area with low supply of product
Listing Contacts
Listed by NAI UCR Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,995.62
$6,082.97/mo
Valuation Metrics
0
DSCR
9.48%
Cap Rate
9.48%
ROI
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