417 - 431 West Main Professional Building

417-431 West Main Street, Tupelo, MS 38804

  • For Lease $16.00 - $19.00/SF/YR
  • Property Type Office - General Office
  • Property Size 54,400 SF
  • Lot Size 2.5 Acre
  • Parking Spaces Avail. 110
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1945
  • Year Renovated 2020
  • Date Updated Apr 29, 2024
Located on Main Street at a signalized intersection in the central business district in Tupelo MS. Property is bordered on 3 sides with public roads and sidewalks, and is one of the few downtown Tupelo properties with a large private parking lot. Adjacent street parking is also availableMulti-level, professional office building stabilized with a strong tenant mix. The roster includes professionals from architecture, construction, & engineering; governmental services (GSA), and legal & financial industries (rent roll included), and is anchored by First American National Bank. All typical CDB occupants including legal services of all kinds, four major banks, many restaurants, and diverse retail shopping can all be found within 1 mile of the property. Residential neighborhoods of various price points lay immediately on the borders of the CBD, surrounding the area. The current rent rates for the tenancy is considered mid-range for the market, which could result in a value-add play for the investor. The building is generally considered to be a landmark in the marketplace. Current NOI = $311,835 with mostly mod gross leases. Profit / Loss Statement included. Occupancy typically varies between 92% - 95%Various spaces available in this professional building which is stabilized by its strong tenant mix. The roster includes professionals from architecture, construction, & engineering; governmental services (GSA), and legal & financial industries. The building is anchored by First American National Bank. This space is modernized, and well-designed. A full-service post office, four major banks, many restaurants and diverse retail shopping are within close proximity of this property. The parking lot is one of few private lots in the CBD. Finish-to-suit and TIA is available for strong prospects.

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Attachments

Highlights

  • Professional Office Space Available - For Lease
  • From 900 to 2,500 SF
  • Tenant finishing services, or Tenant Improvement Allowances Available
  • Strong tenant roster
  • Convenient downtown Tupelo location

Spaces Available

Contacts

broker

Clay Short

TRI Inc. CRE

(662) 842-8283

Location

Getting Around

  • Walk Score ®

    70/100 Somewhat Walkable

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Tupelo, MS
  • Neighborhood Tupelo
  • Zip Code 38804

Points of Interest

  • Dodges Store

    1.94 miles

  • Chevron

    2.23 miles

  • Exxon

    2.61 miles

  • BP

    3.55 miles

  • Tesla Supercharger

    3.78 miles

  • Shell

    4.01 miles

  • Texaco

    4.11 miles

  • Palmetto Quick Stop

    5.58 miles

  • Belden Truck Stop

    5.68 miles

  • Exxon

    8.05 miles

  • Loves' # 398 - Tupelo

    6.32 miles

  • Hilton Garden Inn Tupelo

    0.46 miles

  • Scottish Inn

    0.57 miles

  • Economy Inn

    0.81 miles

  • All American Inn Tupelo

    1.00 miles

  • Clarion Inn and Summit Center

    1.02 miles

  • Travelers Motel

    1.04 miles

  • Rodeway Inn & Suites Tupelo

    1.06 miles

  • Holiday Inn Hotel & Suites Tupelo North

    1.09 miles

  • Candlewood Suites Tupelo North

    1.15 miles

  • Town House Motel

    1.34 miles

  • The Thirsty Devil

    0.18 miles

  • Rosies Cupcakes

    0.29 miles

  • BBQ by Jim

    0.38 miles

  • The Grill

    0.39 miles

  • Cancun Mexican Restaurant

    0.47 miles

  • Burger King

    0.51 miles

  • McDonald's

    0.55 miles

  • Pepper's Sweet Deli

    0.60 miles

  • Harvey's

    0.66 miles

  • KFC

    0.66 miles

  • Milam Junior High School

    0.45 miles

  • Church Street Elementary School

    0.45 miles

  • Pentecostal Bible Institute

    0.83 miles

  • Tupelo High School

    0.96 miles

  • Carver High School

    1.01 miles

  • Pierce Street Elementary School

    1.15 miles

  • Green Street Elementary School

    1.35 miles

  • Lawhon Junior High School

    1.49 miles

  • Joyner Avenue School

    1.55 miles

  • Rankin Elementary School

    1.57 miles

Frequently Asked Questions

How much does office space cost at 417 - 431 West Main Professional Building?

The average price for office space at 417 - 431 West Main Professional Building is $17.50/SF/YR. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at 417 - 431 West Main Professional Building?

In total, there are 10,075 square feet of office space for rent at 417 - 431 West Main Professional Building. Availability at this location includes office and general office. The property offers Multi-Tenant commercial space. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at 417 - 431 West Main Professional Building?

Available office space at 417 - 431 West Main Professional Building starts at 1,250 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 8 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at 417 - 431 West Main Professional Building?

Office space available at 417 - 431 West Main Professional Building provides up to 5,775 square feet, which can accommodate a maximum of 77 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is 417 - 431 West Main Professional Building a good location for office space?

417 - 431 West Main Professional Building is located in the Tupelo neighborhood. 417 - 431 West Main Professional Building was first completed in 1945. The most recent renovation at this location was done in 2020. Office space here is rated class B. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 2 educational institution(s), 5 restaurant or other dining establishment(s), 1 hotel, motel, or other accommodation.

Does 417 - 431 West Main Professional Building have parking?

There are 110 parking spaces available at 417 - 431 West Main Professional Building. The property has a parking ratio of 2.00 / 1,000 SF.

How do I lease office space at 417 - 431 West Main Professional Building?

If you want to find out more about the lease terms and office space availability at 417 - 431 West Main Professional Building, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Clay Short

TRI Inc. CRE

(662) 842-8283

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