Medical Office Space Near
For Sale
Contact for pricing
118 Fairfield Dr, New Albany, MS 38652
Located within New Albany’s medical community with an absolute NNN lease structure and scheduled annual increases.
Property SizeContact for details
Days on Market144
Property Features for 118 Fairfield Dr
General Information
Standard status
Active
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Randall Commercial Group, LLC
(901) 674-2761
Listed By:
Port Campany · License #MS 23097
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 1:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Randall Commercial Group, LLC
Investment Insights
Based on property information with market context.
This medical office property is positioned in New Albany’s established healthcare area and is offered through a sale leaseback arrangement. The facility is located just off Interstate 22, with Baptist Memorial Hospital - Union County approximately 0.5 miles away.
The lease provides a 12-year absolute NNN term beginning at closing, 2.00% annual increases, and five (5) five (5) year renewal options. The property’s proximity to the hospital and placement within the local medical community provide clear context for its healthcare-oriented setting.
The lease provides a 12-year absolute NNN term beginning at closing, 2.00% annual increases, and five (5) five (5) year renewal options. The property’s proximity to the hospital and placement within the local medical community provide clear context for its healthcare-oriented setting.
Key Highlights
- Medical office property in New Albany’s local healthcare community
- Approximately 0.5 miles from Baptist Memorial Hospital - Union County
- Positioned just off Interstate 22
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38652, MS
16,657
Population
6,977
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
80%
High-School Grad
154.4 sq mi
ZIP Area
108
Density / Sq Mi
$54,321
Median Household Income
$36,359
Median Earnings
$918
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Located within New Albany’s medical community with an absolute NNN lease structure and scheduled annual increases.
Where is this medical office space located?
The property is located at 118 Fairfield Dr New Albany, MS.
What are key features of this property?
This property features: Medical office property in New Albany’s local healthcare community; Approximately 0.5 miles from Baptist Memorial Hospital - Union County; Positioned just off Interstate 22
