Leased office building in Brookhaven, MS

Office for Sale
Leased office building in Brookhaven, MS
Catylist Listing ID: 30472910
Property Subtypes: Business Park, Governmental
Building Size (RSF): 8,296 SF
Gross Building Area: See Agent
Sale Price: $999,900
Unit Price: $120.53 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Medicaid of Mississippi -Brookhaven Office
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2019

Overview / Comments

Building is currently leased by Medicaid –this is a seasoned lease-they have been in this location for over 12 years–current lease expires 7/2026–Building was updated with new roof in 2016-

Additional Details

Nearest MSA: Brookhaven
County: Lincoln
Taxing Authority: City of Brookhaven
Tax ID/APN: B77-14 -2 -014.04
Property Visibility: Excellent
Site Description: Located in a small business complex with other State agencies--Dead end -cul-de-sac location--extra lot may be purchased separately
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,296 SF
Year Built: 2006
Year Renovated: 2016
Roof Type: Hip
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Asphalt and Concrete
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Sheetrock-carpet and tile
Zoning Description: C-3 Commercial -Highway Commercial District
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 4 Brookway Office Park

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,005 12,887 17,560
Median Age: 53.91 37.78 37.95
Households: 292 4,910 6,719


Photograph of Listing Agent

John Jones

Coldwell Banker Alfonso Realty
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