Building Details

Building Size 18,900 SF

Year Built 1975

Tenancy Single

Listing Agency: Payne Realty t***@paynerealtyms.com Show Phone

Listed By: Tommy Payne · License #B-21592 Show Phone

Source: Thebrokerlist

Added: Jun 28 Changed: Aug 20 Last Checked: Aug 22 at 3:36AM

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Investment Insights

Based on property information with market context.

This offering includes an approximately 18,900-square-foot office and warehouse facility configured to combine functional office space with a warehouse designed for contractor, distribution, and industrial operations. The warehouse portion supports efficient loading, storage, and material handling, while the office component serves as Upchurch Plumbing, LLC’s Greenwood main office. The facility is 100% leased to Upchurch Plumbing, LLC under a net lease.

Also included in the package is an additional approximately 1,690-square-foot warehouse building on a separate lease. Both properties are positioned in the Greenwood-Leflore Industrial Park in Greenwood, Mississippi, with access to regional transportation corridors via U.S. Highways 82, 49, and 7.

For buyers and investors seeking an industrial real estate asset paired with an operating tenant, the combination of office and warehouse functionality, along with the 100% net lease structure, provides a practical platform for an income-oriented hold. The overall configuration is aligned with businesses that need dedicated office space alongside warehouse capacity for material handling, storage, and loading operations.

Key Highlights

• Approximately 18,900 SF office and warehouse facility in Greenwood, MS built in 1975
• 100% leased net lease investment to Upchurch Plumbing, LLC
• Upchurch Plumbing Regional main office with functional office/support space plus warehouse for industrial use

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Dental Office HVAC Service Barber Shop Plumbing Service Garden Center

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

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

68

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 38930, MS

23,438

Population

10,608

Households

2.2

Avg Household Size

38

Median Age

20%

College-Educated

84%

High-School Grad

194.2 sq mi

ZIP Area

121

Density / Sq Mi

$35,109

Median Household Income

$30,000

Median Earnings

$694

Median Rent

$108,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Single-tenant net lease office and warehouse with functional office support and warehouse space for contractor and distribution use.

Where is this flex space located?

The property is located at 2606 Baldwin Rd Greenwood, MS.

What are key features of this property?

This property features: Approximately 18,900 SF office and warehouse facility in Greenwood, MS built in 1975; 100% leased net lease investment to Upchurch Plumbing, LLC; Upchurch Plumbing Regional main office with functional office/support space plus warehouse for industrial use