Single-Tenant Bank
For Sale
Contact for pricing
2845 Lakeland Dr, Flowood, MS 39232
Single-tenant bank property offered with a new 15-year absolute NNN lease and multiple renewal options.
Property Size6,778 SF
Price / SF$507.69
Days on Market123
Property Features for 2845 Lakeland Dr
General Information
Standard status
Active
Size
6,778 SF
Property subtype
Office, Retail
Additional Details
Traffic Count
45,000 vehicles/day
Listing Agency:
Randall Commercial Group, LLC
(662) 234-4043
Listed By:
Port Campany · License #MS 23097
Source:
Crexi
Added: Mar 30
Changed: Jul 22
Last Checked: Jul 22 at 8:51AM
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 Randall Commercial Group, LLC
Investment Insights
Based on property information with market context.
Randall Commercial Group, LLC presents a sale leaseback opportunity featuring a single-tenant bank property leased to The Citizens Bank of Philadelphia. The lease is newly structured as an absolute NNN agreement commencing at closing, with a 15-year initial term, 2% annual rent increases, and five, 5-year renewal options.
The branch is located on high-traffic Lakeland Drive in Flowood, Mississippi, with approximately 45,000 vehicles per day (Source: MDOT). The property sits within a bustling retail/business district in the Jackson metro area, with major employers and regional retail noted in the surrounding market, including BCBS of MS, Merit Health, Walmart, Target, and Academy Sports.
The branch is located on high-traffic Lakeland Drive in Flowood, Mississippi, with approximately 45,000 vehicles per day (Source: MDOT). The property sits within a bustling retail/business district in the Jackson metro area, with major employers and regional retail noted in the surrounding market, including BCBS of MS, Merit Health, Walmart, Target, and Academy Sports.
Key Highlights
- Single‑tenant bank property in Flowood, MS with a new 15‑year absolute NNN lease commencing at closing
- Tenant: The Citizens Bank of Philadelphia (founded in 1908) leasing the property under the new lease
- Lease includes 2% annual rent increases
Property Analytics
Current Use
Lease Details
45,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 39232, MS
9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant bank property offered with a new 15-year absolute NNN lease and multiple renewal options.
Where is this nnn property located?
The property is located at 2845 Lakeland Dr Flowood, MS.
What is the asking price?
The asking price for this property is $3,441,138.
What are key features of this property?
This property features: Single‑tenant bank property in Flowood, MS with a new 15‑year absolute NNN lease commencing at closing; Tenant: The Citizens Bank of Philadelphia (founded in 1908) leasing the property under the new lease; Lease includes 2% annual rent increases
