Tupelo Warehouse with Net
For Sale
Contact for pricing
2341 Graham Dr, Tupelo, MS
26,800 SF warehouse with a long-term net lease.
Property Size26,800 SF
Lot Size2.00 Acres
Price / SF$85.82
Days on Market348
Property Features for 2341 Graham Dr
General Information
Standard status
Active
Size
26,800 SF
Lot size
2.00 Acres
Property subtype
INDUSTRIAL
Listing Agency:
STREAM Capital Partners
(312) 899-6664
Listed By:
Dean Copans · License #01784639
(650) 465-3993
Source:
Moodyscre
Added: Nov 11, 2025
Changed: Oct 4
Last Checked: Oct 23 at 10:33AM
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 STREAM Capital Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 26,800 square foot warehouse property features an absolute net lease with over 9 years of remaining term. The lease includes 2% annual rent escalations throughout the term and renewal options. There are five, 5-year renewal options available. The property benefits from attractive economics, featuring a low rent of $6.27 per square foot and favorable pricing at $89.55 per square foot. The lease is corporately guaranteed by a proven operator with over 20 years of established operating history. The property is located in Tupelo, MS.
Key Highlights
- Absolute Net Lease with over 9 years remaining.
- Lease corporately guaranteed, indicating strong credit.
- Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,270
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,025,400
$4.0M
Cap Rate 7%
$2,875,286
$2.9M
Cap Rate 9%
$2,236,333
$2.2M
Market Conditions
NOI Build-Up for 26,800 SF
Gross rent
$254.1K $9.48/SF
− Vacancy
−$17.3K −$0.64/SF
EGI
$236.8K $8.84/SF
− OpEx
−$35.5K −$1.33/SF
NOI
$201.3K $7.51/SF
Area
Lee County, MS
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,025,400
Cap Rate 7%
$2,875,286
Cap Rate 9%
$2,236,333
Alternative Uses
Best Use
Warehouse
$2.88M
$2.52M – $3.35M
NOI $201,270 @ 7.0% cap · market cap 8.75%
Second Best
Industrial
$2.37M
$2.07M – $2.76M
NOI $165,751 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M
NOI $352,319 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Tupelo Storage — 121 Coley Rd, Tupelo, MS 38801
Frequently Asked Questions
What type of property is this?
Warehouse - 26,800 SF warehouse with a long-term net lease.
Where is this warehouse located?
The property is located at 2341 Graham Dr Tupelo, MS.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Absolute Net Lease with over 9 years remaining.; Lease corporately guaranteed, indicating strong credit.; Attractive economics with low rent of $6.27 PSF and favorable pricing at $89.55 PSF.
