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1663 Us 49 Magee, MS 39111

For Sale
$1,200,000

Profitable Office Building Near Walmart

Description

Added:
Feb 3, 2025
Days on Market:
314
This exceptional investment opportunity presents a fully rented office building ideally situated adjacent to a Walmart in Magee, Mississippi. The property generates substantial rental income, currently totaling $113,400 annually. Operating expenses are estimated at $24,000 per year, resulting in a significant net operating income of $89,400. This translates to an attractive 7.45% return on the asking price of $1,200,000. The building's prime location next to a major retailer ensures high visibility and convenient access for tenants and customers. The strong tenant occupancy and consistent cash flow make this a compelling investment for those seeking a stable and profitable commercial real estate asset. Further details regarding the building's square footage and specific lease terms are available upon request. This is a rare opportunity to acquire a well-performing commercial property in a thriving market. The property's location and strong financial performance make it an ideal addition to any diversified investment portfolio. Serious inquiries only.

Property Features for 1663 Us 49

General Information

Property type
Office Properties & Spaces

Property Profile Location Intelligence

Current Use by Public Records

Office Properties & Spaces

Map

City
Magee
County
Simpson
State
Mississippi
Longitude
-89.7493
Latitude
31.87093

FAQs

What type of property is this?
Office Property / Space - Profitable Office Building Near Walmart
Where is this office property / space located?
The property is located at 1663 Us 49 Magee, MS.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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