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    Canton Specialty Clinic For Sale Title is generated by Realmo AI

    1883 Hwy 43 S, Canton, MS

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    Turn-key ambulatory surgery center in a high-traffic retail corridor.

    Type:OFFICE
    Property size:
    44,095 SF
    Lot size:
    3.84 Acres
    Price / SF:
    $138/SF
    Added:
    Dec 29, 2023
    Days on Market:
    898
    Last Refresh:
    May 19 at 9:46 pm

    Property Features for 1883 Hwy 43 S

    General Information

    Standard status
    Active
    Size
    44,095 SF
    Lot size
    3.84 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Sam Cox
    Sam Cox

    Listing agent Sam Cox License ##6506047766

    Listing office Pinpoint Commercial Real Estate, LLC

    Listing date Dec 29, 2023

    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 Pinpoint Commercial Real Estate, LLC

    HighLights

    • Vacant, turn‑key ambulatory surgery center with 2 operating rooms and 2 large treatment rooms.
    • Seller to sign master lease for vacant space for 3 years at $10 per SF + CAM.
    • Located in Canton, MS, within the Jackson, MS MSA (Top 100 in the U.S.A.).
    • Strategically situated along Highway 43 with over 8,000+ vehicles passing daily.
    • Close proximity to Merit Health Madison Hospital (10 minutes away).
    • Located near Amazon Distribution Center and Nissan North America Plant (4.5M Sq Ft).

    Overview

    Located in Canton, Mississippi, within the Jackson, MS MSA, this specialty clinic is a vacant, turn-key ambulatory surgery center. It features two operating rooms and two large treatment rooms. The property is situated approximately 10 minutes from Merit Health Madison Hospital and near a newly built Amazon Distribution Center and a 4.5 million-square-foot Nissan North America plant. Positioned directly along Highway 43, the site experiences over 8,000 vehicles daily. The property is located within a dense retail corridor, surrounded by nationally recognized big box and mid box tenants. The seller intends to sign a master lease for the vacant space for three years upon the close of escrow, at a rental rate of $10 per square foot plus CAM. The area within a 3-mile radius of the site is projected to experience a population growth of +1.49% and a household growth of +1.33% between 2022 and 2027. The property size is 44,095 square feet.

    Local Financial Insights For Healthcare Medical

    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 $978.9k $22.20
    − Vacancy −$102.8k −$2.33
    EGI $876.1k $19.87
    − OpEx −$350.4k −$7.95
    NOI $525.7k $11.92
    44,095 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $7.51M
    $6.57M – $8.76M (±1% cap)
    NOI $525,674 @ 7.0% cap · market cap 8.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $9.60M
    $8.40M – $11.20M (±1% cap)
    NOI $671,923 @ 7.0% cap · market cap 11.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical centers

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Madison
    State
    Mississippi
    Longitude
    -90.0077
    Latitude
    32.6124

    FAQs

    What type of property is this?
    Medical center - Turn-key ambulatory surgery center in a high-traffic retail corridor.
    Where is this medical center located?
    The property is located at 1883 Hwy 43 S Canton, MS.
    What is the asking price?
    The asking price for this property is $6,104,088.
    What are key features of this property?
    This property features: Vacant, turn‑key ambulatory surgery center with **2 operating rooms and 2 large treatment rooms.**; Seller to sign master lease for vacant space for 3 years at $10 per SF + CAM.; Located in Canton, MS, within the Jackson, MS MSA (Top 100 in the U.S.A.).
    (601) 383-3733 Call to check price and availability
    More about this property
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