Flowood, MS Office Property For Sale

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Office for Sale

Flowood, MS 39232

The lot contains .40 acres +/- and has parking for 16 vehicles. The 2-story brick building is comprised of 3 separately metered suites, and is constructed to accommodate either 1, 2, or 3 tenants.

Suite A: 1,890 SF – Leased for $2,464 / month

Suite B: 1,890 SF – Leased for $2,613 / month

Suite C: 869 SF – Leased for $950 / month

4,649 SF – $73,044 annual income

Office for Sale

Flowood, MS 39232

5,000 SF

Covered parking

Medical Corridor

Built in 1985

Totally renovated in 2017

For Sale: $650,000

Office for Sale

Flowood, MS 39232

The property is extremely well located on Katherine Drive in Flowood, Mississippi. The location offers direct access to Lakeland Drive which represents one of the most prominent retail districts within the state of Mississippi. A 50 million dollar conference center and hotel is currently being developed to the South of this property, which will spur new economic growth and create new job opportunities for area workers. The property is also located within close proximity to the Jackson Metro International Airport. The prime location of this property offers quick and easy access to the entire metropolitan area.

This custom-built two suite office building features numerous private offices, several executive offices, two open work areas, a kitchen, kitchenette, and multiple private restrooms. The entryway features 24 foot ceilings and the second floor is an excellent large meeting room. This property would be well- suited for an an owner-occupant or an investor. The property presents the opportunity to occupy one suite, while leasing the adjacent. The building can also be divided into three separate units and offers ample parking. Buildings like this one are rarely available in this area of Flowood, so this opportunity won't last long.

Office for Sale

Flowood, MS 39232

The property is located on Daughdrill Station in Flowood, Mississippi within Main Street Office Condominiums, which is amid one of the most prominent retail districts within the state of Mississippi. This retail district is comprised of Dogwood Festival Market, Promenade, Market Street, and Lakeland Commons Developments.

The area surrounding the building is walkable to a number of great restaurants and stores, several of which are within a stones throw. The property is immediately surrounded by multiple successful retail and office developments including but not limited to Table 100 restaurant, Lowes Home Improvement, Ichiban Hibachi & Sushi, Candlewood Suites, Lakeland Commons Shopping Center, and Georgia Blue restaurant. All of these amongst others contribute to the growing desirability of the area.

140 Daughdrill Station is a highly desirable turnkey medical clinic located within Main Street Condominiums in the heart of the Flowood retail and business district. Completely remodeled and converted into Class A medical space in 2019, this property features a waiting area, reception, six exam rooms, a nurse’s station, laboratory, triage room, several public/private restrooms, an employee break area, two large private offices, and an additional two rooms for office, additional exam rooms, or storage. This rare opportunity to own an exceptional space within Flowood's rapidly growing retail district won't last long.

Office for Sale

Flowood, MS 39232

100% leased 2 tenant office building located just off Lakeland Dr next to Mirror Lake Plaza. Class A building with upscale finishes and appointments. Generator to supply all the necessary power requirements. The building is clear space as there are no load bearing columns to deal with on interior buildouts therefore giving future buildouts more ease of design. Located on the ever growing Flowood market with other professional offices, medical and retail businesses. New roof installed in 2017 with 20 year warranty.

Office for Sale

Flowood, MS 39232

Single Story Medical Office Building located on 1.4 Acres

10,854 Sq Ft

2 Tenant (could be used as Single Tenant)

53 Designated Parking Spaces

Office for Sale

Flowood, MS 39232

10,758 / SF +/-

2-story office building with part being added on 10+ years ago

1.14 acre site

Great location in proximity to Lakeland Drive and Airport Road intersection

2 tenants lease a portion of the building and the current owner occupies the remainder. If buyer doesn’t need to occupy the entire building, the 2 tenants could remain to generate income.

Price Reduced $155,000 12/15/20:

List Price: $795,000

Motivated Seller!

Call Hugh Johnson, Broker, at 601-506-4549 for a private showing or further information

Office for Sale

Flowood, MS 39232

Building #1

225 ft. Long x 40 ft. deep—9,000 SF

Downstairs 75% Leased—2,200 SF Vacant

5,800 SF upstairs—100% Vacant

Rents should be at lease 50% higher

Building #2

4,000 SF—has 3 offices, restroom and the rest is warehouse

Tenant has been there 30 years

Should rent for $24,000 per / year minimum

Gross Income

Building #1—$31,400

Building #2—$18,600

Sales Prices:

Building #1 — $250,000

Building #2— $150,000

Rents are very low compared to similar properties in Rankin County. With increase in rents and filling some vacancy, the property has a tremendous upside potential.

Legal Description

Part of Lot 17 & 13 ft. off Northside of Lot 18, Airport Commercial Park

2017 Property Taxes: $7,980.00

Rankin County Tax Assessor Valuation— $497,100

Office for Sale

Flowood, MS 39232

Beautiful 9,900+/- SF office building

Single story

100% Occupied - call for rental income information

One tenant is willing to vacate early if purchaser needs to occupy some of the building.

Very nice gated court yard between this building and the building to the south for coffee breaks or lunch!

Could make a great owner/occupant building.

Tenant pays utilities and janitorial.

2016 Property tax: $18,087

2016 Insurance: $5,213

Flood insurance is NOT REQUIRED.

Industrial for Sale

Flowood, MS 39232

Two buildings totaling 32,000+/- square feet on 3.63+/- acres leased to L&W Supply Corporation through July 2028 with guaranty from ABC Supply Co., Inc. Leases are NNN with Landlord obligations for capitalized expenses related to concrete yard area and HVAC systems.  Eighty-two months remain on the initial term with 2% annual base rent increases. Tenant has two ?ve year renewal options remaining, also with two percent annual increases.

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