POPES REAL ESTATE LLC
Listed by POPES REAL ESTATE LLC
$1,100,000
3100 Highway 43 S
Details
Property Type Office
Year Built 1996
Acreage 10.890
Office | 0 SqFt
Marketing description
Located at 3100 Hwy 43 S in Jackson, this outstanding commercial investment opportunity offers strong income potential with excellent Highway 43 exposure and visibility. Property is anchored by a long-term USDA office tenant along with a well-established gym tenant that is highly popular within the community and operates a successful, active business, creating a stable multi-tenant investment opportunity generating approximately $93,144 in annual gross rental income with an estimated 6.8% cap rate. The USDA office consists of approximately 4,582 SF and the gym consists of approximately 6,300 SF. Property includes 6 separate parcels situated in prime commercial areas along Highway 43, offering exceptional frontage, visibility, accessibility, and future development potential. Included parcels feature approximately 1.92 acres, 2.39 acres, 0.48 acres, and 5.33 acres among the assemblage, providing investors additional upside and flexibility for future expansion or redevelopment opportunities. Owner currently pays utilities for the USDA building along with property taxes, insurance, and maintenance. For the gym, the owner only pays property taxes, insurance, and maintenance. Excellent opportunity for investors seeking dependable cash flow, government-backed tenancy, and highly visible commercial frontage in one of the area's strongest corridor locations. Contact listing agent for additional property details.
Listing Contacts
POPES REAL ESTATE LLC
Listed by POPES REAL ESTATE LLC
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