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Medical Clinic Build-to-Suit
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2978 Mattox Street, Tupelo, MS 38801

Single-tenant Fresenius Medical Care facility built-to-suit in 2009, offering remaining lease term with scheduled rent increase.

Property Size17,152 SF
Days on Market124

Property Features for 2978 Mattox Street

General Information

Standard status Active
Size 17,152 SF
Property subtype Office

Building Details

Year Built 2009
Tenancy Single
Listing Agency: Real Broker LLC IL
Listed By: Valerie Cook · License #IL 475.157687
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 11:08AM

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 Real Broker LLC IL

Investment Insights

Based on property information with market context.

This single-tenant medical clinic is a 17,152-square-foot build-to-suit facility constructed in 2009 for Fresenius Medical Care. The property is being offered for sale with five and a half years of lease term remaining, and includes a 10% rental increase scheduled for November 2019.

The clinic is located in Tupelo, Mississippi. The public remarks note that Mississippi is one of twelve states that require a Certificate of Need for renal care facilities, which is described as limiting competition among dialysis providers and tying operational approval to demographic needs.

The offering is presented as an investment anchored by the existing tenant and the stated lease term and rental schedule.

Key Highlights

  • Single‑tenant Fresenius Medical Care clinic: 17,152 SF build‑to‑suit facility for Fresenius.
  • Built in 2009 as a build‑to‑suit facility for the tenant, Fresenius Medical Care.
  • Lease has 5.5 years of term remaining, with a 10% rental increase scheduled for November 2019.

Property Analytics

Current Use

Fresenius Kidney Care ... Medical Clinic John Lee Physician Tzonko Milev Physician John Elliott Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Plumbing Service Spa & Massage Center Bakery Hair Salon

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 38801, MS

29,795
Population
13,717
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
73.0 sq mi
ZIP Area
408
Density / Sq Mi
$63,447
Median Household Income
$35,596
Median Earnings
$954
Median Rent
$187,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Single-tenant Fresenius Medical Care facility built-to-suit in 2009, offering remaining lease term with scheduled rent increase.
Where is this medical center located?
The property is located at 2978 Mattox Street Tupelo, MS.
What are key features of this property?
This property features: Single‑tenant Fresenius Medical Care clinic: 17,152 SF build‑to‑suit facility for Fresenius.; Built in 2009 as a build‑to‑suit facility for the tenant, Fresenius Medical Care.; Lease has 5.5 years of term remaining, with a 10% rental increase scheduled for November 2019.
More about this property
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