Income Producing Industrial Property - Flowood, Mississippi

Taking the Flowood exit off of I-55, head North on Highway 49/Flowood Drive, cross Highway 80 and take a left on Old Brandon Road. Take your left at Old Hwy 49 and property will be on your left before the bridge overpass.Located in Flowood, Mississippi with easy accessibility to Highway(s) 49, 80, and Interstate 55 - Payne Realty is offering for sale this triple net leased investment opportunity. This property is currently leased to a credit tenant who is currently has roughly 21 months remaining on their lease agreement. The lease is a triple net lease with the tenant incurring costs of all operating expenses, there are very few landlord responsibilities that are detailed in the lease agreement. The property consists of a +/- 4,058 square foot, fully renovated office building as well as a +/- 7,598 square foot office warehouse building all on +/- 1.68 acres (including lay down yard space). The property is fully fenced with electric gate access. Priced at $1,311,315 this reflects a 7.75% cap rate on the in-place income. Please call our office for more information on this opportunity. All information is from sources considered reliable; it is not guaranteed by the real estate brokerage.