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31555415
31555416

506 MS-16, Carthage, MS 39051

Cannon Cleary McGraw
Listed by Cannon Cleary McGraw
$635,000
56 days on market
Updated 56 days ago

USDA Building

Details
Property Type Office, Retail
Sub Type Bank, Executive Office (+1)
Square Footage 3,825
Net Rentable (SqFt) 3,825
Units 1
Cap Rate 8.58%
NOI $54,500
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 25
Lease Expiration 09/30/2031
Remaining Term 5.3
Price per SqFt $166
Class B
Investment Type Stabilized
Tenant Credit Credit Rated
Lease Commencement 10/01/2006
Ground Lease No

8.58% Cap USDA Government Lease | Strong Cash Flow | Passive Investment Opportunity

Marketing description

Rare opportunity to acquire a stabilized, income-producing asset leased to the United States Department of Agriculture (USDA) in Carthage, Mississippi. This property offers secure, government-backed income with minimal management responsibility.

The lease is backed by the U.S. Government, providing one of the strongest credit profiles available in commercial real estate. With in-place income and a strong yield, this asset is ideal for investors seeking predictable cash flow and long-term stability.

Investment Highlights:

  • Purchase Price: $635,000
  • Cap Rate: 8.58%
  • Annual Rent: $76,500 ($6,375/month)
  • Tenant: U.S. Government (USDA – Service Center)
  • Building Size: ±3,825 SF
  • Lease Structure: Government lease with defined terms and extensions
  • Credit Quality: Investment-grade tenancy (U.S. Government)
  • Management: Passive, low-maintenance investment

Strategically positioned in Carthage, this property serves as a regional USDA hub, supporting long-term occupancy and tenant stability. Government-leased assets of this size and yield are rarely available, particularly at an 8.58% cap rate, offering an attractive spread compared to traditional net lease investments.

This is an ideal acquisition for investors seeking durable income, strong credit tenancy, and downside protection, with long-term hold potential.

Investment highlights

USDA-Leased Investment – 8.58% Cap | Carthage, MS

$635,000 purchase price with $76,500 annual rent. Government-leased (USDA) ±3,825 SF asset delivering stable, investment-grade income. Strong yield with passive ownership structure.

Listing Contacts

Cannon Cleary McGraw
Listed by Cannon Cleary McGraw

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$54,500.00
$4,541.67/mo

Valuation Metrics

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DSCR
8.58%
Cap Rate
8.58%
ROI

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