1883 Hwy 43 S, Canton, MS
Turn-key ambulatory surgery center in a high-traffic retail corridor.
- 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
Listing agent Sam Cox License ##6506047766 (601) 383-3733
Listing office Pinpoint Commercial Real Estate, LLC (601) 383-3733
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Madison
- State
- Mississippi
- Longitude
- -90.0077
- Latitude
- 32.6124