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Industrial Space Near Major Highways
For Lease
$8 SF/Yr

1001 Underwood Drive, Flowood, MS 39232

Functional industrial buildings for lease with convenient highway access.

Space Size39,500 SF
Days on Market156

Property Features for 1001 Underwood Drive

General Information

Standard status Active
Size 39,500 SF
Property subtype Industrial
Lease Type SF/yr
Lease Term NNN

Building Details

Building Size 39,500 SF

Spaces For Lease

at 1001 Underwood Drive Contact us

Suite A $8/SF/Yr

Size
39,500 SF
Type
Warehouse/Distribution
Term
Negotiable
Contact us
Listing Agency:
Listed By: BB Mitchell, CCIM
Source: Pinpointcres
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 9 at 5:34AM

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 BB Mitchell, CCIM

Investment Insights

Based on property information with market context.

Located off Flowood Drive, 1001 Underwood Drive offers leasing opportunities within Underwood Industrial Park. The location provides access to Highway 80, I-20, I-55, and Lakeland Drive, and is less than ten minutes from the International Airport. The industrial park features renovated buildings and an active rail spur served by the Canadian National Railway (CN). The property is zoned I-2. The project encompasses 145,196 square feet, with available spaces ranging from 2,500 to 39,500 rentable square feet. The site provides ample trailer and vehicular parking, along with a lay-down area. Dock-high doors can be added as needed. This location is suitable for warehousing, distribution, and manufacturing businesses.

Key Highlights

  • Strategically located off Flowood Drive with quick access to Hwy 80, I‑20, I‑55, and Lakeland Drive.
  • Flexible space options ranging from 2,500 to 39,500 RSF.
  • Features an active rail spur on site (Canadian National Railway - CN).

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Electrical Service Garden Center Dental Office Computer & Electronic Repair Plumbing Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

Demographics for 39232, MS

9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value

Market

Lease Benchmarks for Flowood, MS

$12.1 /SF/Yr
Avg Asking Price
$6.5–$15.11 /SF/Yr
Price Range
25,852 SF
Avg Space Size

This space is priced 34% below the average of $12.1 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • H&P Leasing, Inc. 1849 Flowood Dr, Flowood, MS 39232
  • ATA Storage Services 1383 Elm St, Flowood, MS 39232
  • Flowood Storage Units 1353 Flowood Dr, Flowood, MS 39232

Frequently Asked Questions

What type of property is this?
Warehouse - Functional industrial buildings for lease with convenient highway access.
Where is this warehouse located?
The property is located at 1001 Underwood Drive Flowood, MS.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Strategically located off Flowood Drive with quick access to Hwy 80, I‑20, I‑55, and Lakeland Drive.; Flexible space options ranging from 2,500 to 39,500 RSF.; Features an active rail spur on site (Canadian National Railway - CN).
More about this property
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