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$1,900,000
2.1± Acres
Available
Pike County, Mississippi

Commercial Income Property for Sale 8% CAP, SW MS

ID: 30637
External ID/MLS: -- / 22749
Status: Available
Price: $1,900,000
Acres: 2.1±
Type: Commercial
Address: 119 W Presley Blvd
City, State: Mccomb, Mississippi
County: Pike
ZIP Code: 39648
Presented By: Patrick Gibson

Description

Great opportunity and return on investment in McComb, Mississippi. 100% occupied 4 tenant commercial building with 21,115 SF of lease space. $214,200 of gross income and an 8%+ CAP! Tenants and % of lease space include Quipt Home Medical d.b.a. Thrift Home Care (55%), Horizon Hospice (25%), Box Drop (14%) and Summit Financial (6%). The 2.1 Acre property has 448' +/- of frontage and excellent visibility on Presley Blvd/Hwy 98 just west of the intersection of Presley Blvd/Hwy 98 & Hwy 51Located within 500' of national brands such as Coca Cola, KFC, Church's Chicken, Subway, CitiTrends, Family Dollar, Dollar General, Sunflower, Advanced Auto Parts, and several convenience stores. The subject property's exterior is mainly stucco siding, standing seam metal roof and commercial grade gutters. The interior is mainly sheetrock walls, suspended ceilings and fluorescent lighting. Bathrooms have commercial grade toilets and sinks and most are ADA compliant.

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