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27042864
27042863

1207 Pin Oak Dr, Flowood, MS 39232

TP
MS B-21592
Payne Realty Inc
Listed by Payne Realty Inc
$1,295,000
265 days on market
Updated 6 days ago

Net Leased Office/Warehouse Properties For Sale - Flowood,MS

Details
Property Type Industrial, Office
Sub Type Flex
Square Footage 10,341
Cap Rate 9.25%
Tenancy Single
Lease Type NNN
Year Built 1991, 2015
Buildings 2
Acreage 2.100
Zoning C-3
Ground Lease No

10.94% NNN | Credit Industrial | $1.295 M | Flowood, MS

Marketing description

1207 and 1209 Pin Oak Drive - Located on Pin Oak Drive in Flowood, Mississippi - adjacent to Jackson Prep - Payne Realty is offering for sale two triple net leased office and warehouse buildings. These buildings are two separate free-standing building located on approximately 2.1 acres. 1207 Pin Oak Drive consists of +/- 4,266 of recently renovated office spaces including reception areas, private offices, work areas, break room, bathrooms and +/ 1,950 square feet of warehouse storage space with 2 grade level roll up doors. 1209 Pin Oak Drive is a +/- 4,125 square foot office building, built in 2015. This building consists of 8 private offices, large conference room, breakroom and storage room. Both properties are connected by a chain link fence that encloses the lay down yard. Please call our office at 601-956-2020 for more information on this property.

Investment highlights

Approximate in place cap rate of 10.94%

Great location just off Lakeland Drive / Highway 25 in Flowood

Listing Contacts

TP
MS B-21592
Payne Realty Inc
Listed by Payne Realty Inc

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