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.
PROPERTY FEATURES:
4 Tenant Commercial Building
3 Year Leases
12% CAP Rate
Long Term Tenants
22,115 SF
High Traffic Location
Low Maintenance Exterior
Dependable Cash Flow
Patrick Gibson
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