Listed by NAI UCR Properties
$5,500,000
146,077 SF Industrial Facility
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 146,077
Units 5
Tenancy Multi
Price per SqFt $38
Class B
Year Built 1970
Year Renovated 2019
Buildings 1
Stories 1
Acreage 6.570
Zoning I-1 (Light Industrial)
Investment Type Owner/User
Ceiling Height 19.5 ft
Dock High Doors 11
Industrial | 146,077 SqFt
Marketing description
NAI UCR Properties is proud to present 390 Commerce Park Drive, a ±146,077 SF industrial asset offering exceptional flexibility for investors and owner-users alike. Strategically positioned within the established Commerce Park industrial corridor in Jackson, Mississippi, this property delivers scale, functionality, and optionality in one compelling opportunity.
With the building currently half owner-occupied and the balance leased on short-term agreements, this offering provides immediate flexibility. Buyers may pursue stabilized cash flow through tenant retention or reposition for partial or full owner-occupancy. For users, the property can be demised to as little as ±19,000 SF or utilized in its entirety.
Whether your strategy is yield-driven or operationally focused, this asset checks the right boxes, now and long term.
390 Commerce Park Drive is located within the established Commerce Park Industrial Park in Jackson, one of the metro area’s most proven and strategically positioned industrial corridors. The property sits just west of the Fondren district, offering a unique blend of industrial functionality and proximity to one of Jackson’s most recognizable commercial and cultural hubs.
The location provides convenient access to Interstate 20 and Interstate 220, allowing for efficient distribution across the Jackson MSA and throughout the Southeast. Its central positioning supports strong workforce accessibility from West Jackson, Clinton, North Jackson, and surrounding communities.
Being in close proximity to West Fondren enhances the asset’s appeal for companies seeking both operational efficiency and nearby amenities for employees. Commerce Park Industrial Park has long been recognized for its established infrastructure, truck accessibility, and concentration of industrial users—making it a stable and reliable environment for manufacturing, warehousing, or regional headquarters operations.
Investment highlights
- Highly flexible configuration with short-term leases in place
- Sale Price: $5,500,000
- Lease Rate: $4.25 – $4.75/SF + NNN
- Available Space: ±19,000 SF up to ±146,077 SF
- Opportunity for immediate owner-user occupancy OR
- Potential to retain all tenants on long-term leases, subject to terms
- Recent due diligence materials potentially available to facilitate expedited closing
- Institutional-scale industrial footprint in a proven submarket
- High quality construction and little to no deferred maintenance
- Construction Status Existing
- Framing Concrete block and concrete tilt-wall
- Condition Average
- Roof Pitched / Thermoplastic Polyolefin (TPO) over reinforced concrete decking
- Free Standing Yes
- Number of Buildings 1
- Walls Concrete block, painted drywall
- Ceilings Painted drywall, exposed concrete joists, and suspended metal grid with acoustical tiles in office areas, and exposed concrete and metal joists in warehouse areas.
- Floor Coverings Concrete in warehouse areas and commercial grade tile, carpet, and wood laminate in office area
- Foundation Reinforced concrete slab
- Exterior Walls Concrete block & tilt-up concrete
- HVAC Central heating in office, lounge, and showroom areas, no heating noted in warehouse areas
- Restrooms Adequate and typical for intended use
- Number of Units: 5
Listing Contacts
Listed by NAI UCR Properties
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