Listed by Cannon Cleary McGraw
$4,100,000
High-Yield Oxford Investment | $330K NOI | 8% Cap
Details
Property Type Office
Sub Type Medical Office
Square Footage 21,025
Net Rentable (SqFt) 21,025
Units 60
Cap Rate 8.00%
NOI $330,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 8.05%
Pro-Forma NOI $330,000
Class B
Year Built 2022
Year Renovated 2022,2025
Buildings 4
Acreage 2.510
Zoning Suburban Corridor (SCO)
Investment Type Value Add
Sale Condition N/A
Premier Oxford Medical Portfolio | Stable Cash Flow + Expansion Potential
Marketing description
Cannon Cleary McGraw is proud to offer an exceptional investment opportunity located in the heart of the Oxford, MS medical district. Offered at an asking price of $4,100,000, this asset features an approximately 8% cap rate on current NOI of $330,000. The property consists of 21,025 square feet of building space situated on 2.51 acres — Lot 1 of the 2889 South Lamar Commercial Subdivision. The property is 100% occupied by a diverse mix of medical, professional, and service tenants, generating immediate and stable cash flow with significant land available for future development.
Investment highlights
- 100% Occupied: The property is fully leased to a strong mix of tenants including Magnolia Veterinary Hospital, Casa of North Mississippi, Focus Health, Elizabeth Heiskel Catering, and Lafayette Pediatric Extended Care, LLC — providing a buyer with stable, diversified income from day one.
- Value-Add Upside: The 2.51-acre site offers meaningful excess land for future development, giving investors the opportunity to increase density or add complementary commercial, office, or multifamily uses — all permitted under the existing SCO zoning.
- Favorable Zoning: Zoned Suburban Corridor (SCO), the site permits a wide array of uses including commercial, office structures, and multifamily residential development — providing maximum flexibility for a future development phase.
- Turnkey Condition: The current buildings have been recently remodeled and the property features ample parking for tenants and clientele.
Listing Contacts
Listed by Cannon Cleary McGraw
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$330,000.00
$27,500.00/mo
Valuation Metrics
0
DSCR
8.05%
Cap Rate
8.05%
ROI
Map
Zoning
A-2 AgricultureAgricultural
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View all 14 uses
View all 14 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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