104 Street A, Picayune, MS 39466

Commercial property for lease

• Description
• HighlightsHigh Quality ConstructionBuilt to suit for the current tenant in 20108.5% Cap RateNOI $118,800$1,400,000 Asking Price$116/sfCorporate Guaranteed LeaseMinimal Landlord ResponsibilitiesDescriptionSVN | Stewart Commercial Group and SVN | Southgate Realty, LLC are pleased to exclusively market for sale this 12,000 sq. ft office located about 1 mile south of downtown Picayune in the Picayune Industrial Park. The location features long-term stability and will be sold free and clear of debt.This is a Single-Tenant Net Leased Office was a build-to-suit for the current tenant in 2010. The current lease term expires in October '18. The lease has three (3) three (3) year renewal options remaining with scheduled 3% rent increases. The landlord has minimal responsibilities: Roof and Structure repairs, HVAC and Parking Lot replacement. Building price details: $1,400,000.
• Contact info
• Dan Stewart, CCIM

  SVN | Stewart Commercial Group, LLC
• Note

• Details Info about this row that located on 104 Street A, Picayune, MS 39466 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

  If you see any error or mismatches on this page – click here.