Spacious Office Space on
For Sale
Contact for pricing
5360 I-55 N, Jackson, MS
Large office space with flexible layout options available for rent.
Property Size28,117 SF
Lot Size3.09 Acres
Price / SF$124.48
Days on Market563
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Property Features for 5360 I-55 N
General Information
Standard status
Active
Size
28,117 SF
Lot size
3.09 Acres
Property subtype
OFFICE
Lease Type
Gross
Properties For Sale
at 5360 I-55 N Contact usClinic office space AVAILABLE, On Available Date
Floor
1
Size
4,877 SF
Type
OFFICE
Lease Type
GROSS
Sublease
No
Previously used by medical clinic. Has waiting area, reception area, staff offices, vault room for meds, counseling rooms, exam room, private restroom for sample collection, men's and women's restrooms. Most of the furniture was left too.
Contact us former medicaid office space AVAILABLE
Floor
1
Size
28,117 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Sublease
No
Large office space on I-55 formerly occupied by Medicaid division. Current layout is reception area with waiting room and restrooms for guests. Cubicle area with private offices around. Second larger cubicle area with private offices around. Multiple storage rooms. Multiple conference / training rooms. Large break room and small break room. LAN room with dedicated ac unit. Has rollup door in the back.
But we can change the layout to suit your needs.
Contact us
Listing Agency:
Homer Lee Howie
Listed By:
David Howie · License #B-20738
(601) 362-8112
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Oct 8
Last Checked: Oct 15 at 12:07AM
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 Homer Lee Howie
Investment Insights
Based on property information with market context.
This large office space, formerly occupied by a Medicaid division, is located on I-55. The current layout includes a reception area with a waiting room and restrooms for guests. There is a cubicle area surrounded by private offices, as well as a second, larger cubicle area also with private offices around it. Multiple storage rooms are available, along with multiple conference and training rooms. The property also features a large break room, a smaller break room, and a LAN room equipped with a dedicated AC unit. A rollup door is located at the back of the property. The layout can be modified to suit specific needs.
Key Highlights
- Large office space suitable for various layouts.
- Multiple conference/training rooms.
- Existing infrastructure: reception area, waiting room, restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$262,770
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,255,400
$5.3M
Cap Rate 7%
$3,753,857
$3.8M
Cap Rate 9%
$2,919,667
$2.9M
Market Conditions
NOI Build-Up for 28,117 SF
Gross rent
$398.1K $14.16/SF
− Vacancy
−$47.8K −$1.70/SF
EGI
$350.4K $12.46/SF
− OpEx
−$87.6K −$3.12/SF
NOI
$262.8K $9.35/SF
Area
Jackson, MS
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,255,400
Cap Rate 7%
$3,753,857
Cap Rate 9%
$2,919,667
Alternative Uses
Best Use
Office B
$3.75M
$3.28M – $4.38M
NOI $262,770 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.82M
$4.22M – $5.62M
NOI $337,269 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,566
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Large office space with flexible layout options available for rent.
Where is this office units located?
The property is located at 5360 I-55 N Jackson, MS.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Large office space suitable for various layouts.; Multiple conference/training rooms.; Existing infrastructure: **reception area, waiting room, restrooms.**
