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Industrial Manufacturing Facility with Overhead Cranes
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1706 Cypress Avenue, Greenwood, MS 64127

70,000 SF industrial manufacturing facility with overhead cranes and 14 dock-high doors, leased under a 7-year NNN term.

Property Size70,000 SF
Price / SF$106.79
Days on Market43

Property Features for 1706 Cypress Avenue

General Information

Standard status Active
Size 70,000 SF
Class B
Property subtype Industrial
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $672,000

Warehouse & Industrial

Clear Height 28 ft
Dock-High Doors 14
Drive-In Doors 1

Building Details

Year Built 2004
Year Renovated 2026
Buildings 1
Tenancy Single
Building Size 70,000 SF
Listing Agency: Colliers - Memphis, Tennessee
Listed By: Andrew Phillips · License #TN 283569
Source: Crexi
Added: Jul 29 Changed: Sep 8 Last Checked: Sep 8 at 3:27AM

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 Colliers - Memphis, Tennessee

Investment Insights

Based on property information with market context.

Industrial manufacturing and fabrication facility offering 70,000 square feet with specialized production improvements, including three overhead cranes. The facility is equipped with 14 dock-high doors plus an oversized drive-in door, and clear heights ranging from approximately 24 to 28 feet.

The property is leased to NPL Construction, an operating company of Centuri Holdings, Inc., under a 7-year NNN lease commencing March 1, 2026. The facility supports fabrication of components used in utility and energy infrastructure projects. Land is also available for potential expansion.

Built for industrial operations requiring overhead material handling and high-bay clear height, the site’s configuration is tailored to fabrication activity and loading needs.

Key Highlights

  • 70,000‑square‑foot industrial manufacturing and fabrication facility
  • Leased to NPL Construction under a 7‑year NNN lease commencing March 1, 2026
  • Three overhead cranes for material handling

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Spa & Massage Center Hair Salon Law Firm HVAC Service Barber Shop Computer & Electronic Repair

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

28 ft
Clear height
14
Dock-high doors
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Market

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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - 70,000 SF industrial manufacturing facility with overhead cranes and 14 dock-high doors, leased under a 7-year NNN term.
Where is this manufacturing property located?
The property is located at 1706 Cypress Avenue Greenwood, MS.
What is the asking price?
The asking price for this property is $7,475,000.
What are key features of this property?
This property features: 70,000‑square‑foot industrial manufacturing and fabrication facility; Leased to NPL Construction under a 7‑year NNN lease commencing March 1, 2026; Three overhead cranes for material handling
(901) 312-4916 Call to check price and availability
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