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    Spacious Office Space on I-55 Title is generated by Realmo AI

    5360 I-55 N, Jackson, MS

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    Large office space with flexible layout options available for rent.

    Type:OFFICE
    Property size:
    28,117 SF
    Lot size:
    3.09 Acres
    Price / SF:
    $106/SF
    Added:
    Apr 1, 2025
    Days on Market:
    464
    Last Refresh:
    Jul 4 at 12:22 pm

    Property Features for 5360 I-55 N

    General Information

    Standard status
    Active
    Size
    28,117 SF
    Lot size
    3.09 Acres
    Property subtype
    OFFICE

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    David Howie
    David Howie

    Listing office Homer Lee Howie

    Listing date Apr 1, 2025

    Source Moodyscre

    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

    HighLights

    • Large office space suitable for various layouts.
    • Multiple conference/training rooms.
    • Existing infrastructure: reception area, waiting room, restrooms.
    • Dedicated LAN room with AC unit.
    • Multiple storage rooms.
    • Rollup door access.

    Overview

    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.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $398.1k $14.16
    − Vacancy −$47.8k −$1.70
    EGI $350.4k $12.46
    − OpEx −$87.6k −$3.12
    NOI $262.8k $9.35
    28,117 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.75M
    $3.28M – $4.38M (±1% cap)
    NOI $262,770 @ 7.0% cap · market cap 8.76%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.82M
    $4.22M – $5.62M (±1% cap)
    NOI $337,269 @ 7.0% cap · market cap 11.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1846
    Latitude
    32.2908

    FAQs

    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 $3,000,000.
    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.**
    (601) 362-8112 Call to check price and availability
    More about this property
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