Industrial Warehouse with Conditioned
For Sale
Contact for pricing
133 Scanlan St, Newton, MS 39345
606,000 SF industrial facility on 27.5 acres with conditioned warehouse space and extensive loading capacity, fully leased to two tenants.
Property Size606,321 SF
Lot Size27.50 Acres
Price / SF$20.62
Days on Market881
Property Features for 133 Scanlan St
General Information
Standard status
Active
Size
606,321 SF
Lot size
27.50 Acres
Property subtype
INDUSTRIAL
Occupancy
100%
Warehouse & Industrial
Dock-High Doors
37
Heavy Power
Yes
Additional Details
Cap Rate
7.8%
Highway Access
Yes
Amenities
management offices
training rooms
in-house infirmary
cafeteria
Building Details
Tenancy
Multi
Listing Agency:
Maestri-Murrell Inc
(225) 278-5439
Listed By:
Ransom Pipes · License #B16810
(225) 278-5439
Source:
Moodyscre
Added: Mar 1, 2024
Changed: Jul 28
Last Checked: Jul 30 at 2:23PM
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 Maestri-Murrell Inc
Investment Insights
Based on property information with market context.
This 606,000-square-foot industrial facility is situated on 27.5 acres and is 100% leased to two globally operating credit tenants. The property features a majority of conditioned warehouse space and up to 37 loading docks, designed to support high-volume distribution and operational flexibility. Approximately 20,000 square feet of office space is in place, including management offices, training rooms, an in-house infirmary, and a cafeteria. Power infrastructure includes a 2,500 KVA main plant transformer, a 1,500 KVA chiller room transformer, and a currently installed 750 KVA transformer supporting 900 amps at 480V.
The facility is located in Newton, Mississippi, about 60 miles east of Jackson and approximately one mile to Interstate 20.
For investors, the offering is supported by in-place leases with about two years of remaining term and a current NOI of $975,000, with gross rental income projected for 2026 of $1,172,500. The remarks also indicate the offering is positioned just below an 8.0% cap rate.
The facility is located in Newton, Mississippi, about 60 miles east of Jackson and approximately one mile to Interstate 20.
For investors, the offering is supported by in-place leases with about two years of remaining term and a current NOI of $975,000, with gross rental income projected for 2026 of $1,172,500. The remarks also indicate the offering is positioned just below an 8.0% cap rate.
Key Highlights
- 606,000 SF industrial facility on 27.5 acres in Newton, MS, 100% leased to two globally operating credit tenants.
- In‑place leases with ~2 years remaining term; current NOI of $975,000 and price $12,500,000 (just below an 8.0% cap rate).
- Up to 37 loading docks and a majority of the warehouse is conditioned for high‑volume distribution.
Property Analytics
Current Use
Lease Details
37
Dock-high doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39345, MS
5,898
Population
2,695
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
83%
High-School Grad
140.9 sq mi
ZIP Area
42
Density / Sq Mi
$41,982
Median Household Income
$34,784
Median Earnings
$715
Median Rent
$84,600
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Magnolia Storage — 400 Northside Dr, Newton, MS 39345
Frequently Asked Questions
What type of property is this?
Warehouse - 606,000 SF industrial facility on 27.5 acres with conditioned warehouse space and extensive loading capacity, fully leased to two tenants.
Where is this warehouse located?
The property is located at 133 Scanlan St Newton, MS.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 606,000 SF industrial facility on 27.5 acres in Newton, MS, 100% leased to two globally operating credit tenants.; In‑place leases with ~2 years remaining term; current NOI of $975,000 and price $12,500,000 (just below an 8.0% cap rate).; Up to 37 loading docks and a majority of the warehouse is conditioned for high‑volume distribution.
