New Class A Office
For Sale
Contact for pricing
243 Sunnybrook Rd, Ridgeland, MS
20,800 SF office, medical, and retail space for lease.
Property Size20,800 SF
Lot Size1.51 Acres
Price / SF$360.58
Days on Market248
Property Features for 243 Sunnybrook Rd
General Information
Standard status
Active
Size
20,800 SF
Lot size
1.51 Acres
Property subtype
OFFICE
Listing Agency:
Mark S Bounds Realty Partners
(601) 955-1911
Listed By:
Mark S Bounds CCIM, SIOR, Cert General Real Estate Appraiser
(601) 955-1911
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:48AM
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 Mark S Bounds Realty Partners
Investment Insights
Based on property information with market context.
This two-story building offers 20,800 square feet of space available for pre-leasing, suitable for office, medical, and retail tenants. Each floor provides 10,400 square feet. The property is located off Jackson Avenue, less than one mile from UMMC's Ridgeland Campus and Jackson Heart, with convenient access to I-55.
Key Highlights
- Class A office, medical, and retail space available for pre‑leasing
- Located less than one mile from UMMC's Ridgeland Campus and Jackson Heart
- Easy access to I‑55
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 | $461.8k | $22.20 |
| − Vacancy | −$48.5k | −$2.33 |
| EGI | $413.3k | $19.87 |
| − OpEx | −$165.3k | −$7.95 |
| NOI | $248.0k | $11.92 |
20,800 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.54M
$3.10M – $4.13M
NOI $247,965 @ 7.0% cap · market cap 3.31%
Second Best
Office B
$3.16M
$2.77M – $3.69M
NOI $221,224 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$4.53M
$3.96M – $5.28M
NOI $316,952 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 20,800 SF office, medical, and retail space for lease.
Where is this office units located?
The property is located at 243 Sunnybrook Rd Ridgeland, MS.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Class A office, medical, and retail space available for pre‑leasing; Located less than one mile from UMMC's Ridgeland Campus and Jackson Heart; Easy access to I‑55
