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Investment Property For Sale 12% Cap

United States /Mississippi, 119 W. Presley Blvd., 39648, 2.8

Listing ID :

18996269

MLS ID :

24-2221

Acres :

2.8 Acres
$1,550,000

View Agent's Properties and Profile:

United Country - Southern States Realty

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Property Description

Great investment opportunity and ROI in McComb, Mississippi. 100% occupied 4 tenant, 22,115 SF commercial building generates $214,200 of gross income and a 12% CAP!! Tenants and percentage of lease space include Quipt Home Medical (55%), Horizon Hospice (25%), Tobacco shop (14%) and Summit Financial (6%). Quipt, Horizon, and Summit have been tenants for many years and have renewed leases as required. The 2.8 acre property has excellent street frontage and visibility on Presley Blvd / Hwy 98 just west of the intersection of Presley Blvd/Hwy 98 & Hwy 51. Leases are 3 years and available upon request. Located across the street from the entrance to a large shopping center complex and also within 500' of national brands such as KFC, Church's Chicken, Subway, CitiTrends, Family Dollar, Dollar General, Sunflower, Advanced Auto Parts, and several convenience stores.

Basic Details

Property Types:

Commercial

Listing Type:

Under Contract

Listing ID:

18996269

Price:

$1,550,000

Acres:

2.8 Acres

Address Map

Country:

United States

State:

Mississippi

County:

Pike

City:

Mccomb

Latitude:

31.228891

Longitude:

-90.455132

Street Address:

119 W. Presley Blvd.