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

Specialized industrial improvements support fabrication operations under a seven-year NNN lease.

Property Size70,000 SF
Price / SF$106.79
Days on Market8

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 30 Changed: Aug 4 Last Checked: Aug 6 at 10:22AM

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.

This 70,000-square-foot manufacturing and fabrication facility was built in 2004 and includes improvements designed for industrial production. The property features three overhead cranes, 14 dock-high doors, an oversized drive-in door, and clear heights ranging from approximately 24 to 28 feet. Additional land is available for potential expansion.

The facility is located at 1706 Cypress Avenue in Greenwood, Mississippi, and supports fabrication of components used in utility and energy infrastructure projects. NPL Construction, an operating company of Centuri Holdings, Inc., occupies the property under a seven-year NNN lease commencing March 1, 2026. Under the lease structure, the tenant bears substantially all property-level operating expenses, reducing day-to-day management responsibilities for ownership.

Key Highlights

  • 70,000‑square‑foot manufacturing and fabrication facility
  • Three overhead cranes support industrial production
  • 14 dock‑high doors plus an oversized drive‑in door

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

36
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 - Specialized industrial improvements support fabrication operations under a seven-year NNN lease.
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 manufacturing and fabrication facility; Three overhead cranes support industrial production; 14 dock‑high doors plus an oversized drive‑in door
(901) 375-4800 Call to check price and availability
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