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NNN Medical Office Investment
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2400 16th St, Meridian, MS 39301

Long-term healthcare tenant investment located across from Anderson Regional Medical Center with annual rent escalations.

Property SizeContact for details
Days on Market122

Property Features for 2400 16th St

General Information

Standard status Active
Property subtype Office
Listing Agency: Matthews
Listed By: Thor St John · License #CA - 02051284
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 4:37PM

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 Matthews

Investment Insights

Based on property information with market context.

This is an NNN healthcare investment featuring a long-term lease with 3% annual rent escalations and zero landlord responsibilities, designed for an investor seeking hands-off cash flow.

The property is located across from Anderson Regional Medical Center, described as the largest hospital in the city, within a densely packed medical corridor with multiple healthcare tenants.

The space is occupied by Corus Orthodontists, a dental support organization with approximately 25 supported locations across the U.S. and Canada. Corus acquired the practice in 2020, demonstrating continued commitment to the location.

Key Highlights

  • Long‑term healthcare tenant investment across from Anderson Regional Medical Center, the largest hospital in the city
  • Zero landlord responsibilities with a long‑term lease described as hands‑off
  • 3% annual rent escalations per the provided lease information

Property Analytics

Current Use

Shirley Jr H ... Dental Office Dr. Benjamin S. ... Dental Office Esthetics Unlimited Dental Office Douglas Orthodontics Dental Office Carle Jolie Dental Office

Suggested Use

Top Pick Real Estate Agency Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,314
Businesses Nearby
Balanced
Demand for This Use

Demographics for 39301, MS

23,537
Population
11,047
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
260.7 sq mi
ZIP Area
90
Density / Sq Mi
$42,701
Median Household Income
$34,804
Median Earnings
$888
Median Rent
$105,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Long-term healthcare tenant investment located across from Anderson Regional Medical Center with annual rent escalations.
Where is this medical office space located?
The property is located at 2400 16th St Meridian, MS.
What are key features of this property?
This property features: Long‑term healthcare tenant investment across from Anderson Regional Medical Center, the largest hospital in the city; Zero landlord responsibilities with a long‑term lease described as hands‑off; 3% annual rent escalations per the provided lease information
More about this property
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