1887 Lakeland Dr Jackson, MS 39216

Building Details

Year Built

1977

Listing Agency Lane-Harkins Commercial Real Estate Show Phone

Listed by Abraham Uriah McDonald · License #59823

Source Crexi

Added: Aug 7, 2024 Checked: Jul 15 at 2:50 pm

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Investment Insights

Based on property information with market context.

This offering presents an opportunity to acquire a Trustmark Bank property located at 1887 Lakeland Drive, Jackson, MS. The property is situated on Lakeland Drive, benefiting from high visibility and accessibility in a well-trafficked commercial corridor. Trustmark Bank, a financial institution with over 130 years of history and a presence across Mississippi, Alabama, Tennessee, Florida, and Texas, is the established tenant. The property's tenancy by a reputable financial institution ensures a stable and predictable income stream. The property is offered at an 6.25 cap rate. The location is also available for lease. The property is a key asset in the Southeastern United States. The property size is 16717 square feet.

Key Highlights

• Prime Location on high‑traffic Lakeland Drive, ensuring excellent visibility.
• High Cap Rate: Offered at a 6.25% cap rate, indicating strong profitability.
• Established Tenant: Leased to Trustmark Bank, a reputable financial institution.

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FAQs

What type of property is this?

Bank - Prime Trustmark Bank property on Lakeland Drive, Jackson, MS.

Where is this bank located?

The property is located at 1887 Lakeland Dr Jackson, MS.

What are key features of this property?

This property features: Prime Location on high‑traffic Lakeland Drive, ensuring excellent visibility.; High Cap Rate: Offered at a 6.25% cap rate, indicating strong profitability.; Established Tenant: Leased to Trustmark Bank, a reputable financial institution.