Medical Office
For Sale
Contact for pricing
506 AZALEA DR, Oxford, MS 38655
Located within Oxford’s Medical District near Baptist Memorial Hospital and other healthcare facilities.
Property SizeContact for details
Days on Market9
Property Features for 506 AZALEA DR
General Information
Standard status
Active
Property subtype
Retail, Office
Building Details
Tenancy
Single
Listing Agency:
Randall Commercial Group, LLC
Listed By:
Port Campany · License #MS 23097
(901) 674-2761
Source:
Crexi
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 22 at 5:16PM
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.
This medical office property is offered through a sale-leaseback structure with Oxford Surgical & Bariatric Clinic, a locally owned general and bariatric surgery practice led by two board-certified physicians. The lease is structured as absolute NNN, with a 7-year primary term beginning at closing and 2% annual rental increases.
The property is positioned in Oxford’s Medical District, near Baptist Memorial Hospital and a concentration of complementary medical facilities. Lease obligations also include a personal guarantee from the practice’s owning physicians.
The property is positioned in Oxford’s Medical District, near Baptist Memorial Hospital and a concentration of complementary medical facilities. Lease obligations also include a personal guarantee from the practice’s owning physicians.
Key Highlights
- Absolute NNN lease with a 7‑year primary term commencing at closing
- 2% annual rental increases
- Personal guarantee from the practice’s owning physicians
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 38655, MS
44,153
Population
25,173
Households
1.8
Avg Household Size
32
Median Age
48%
College-Educated
92%
High-School Grad
362.1 sq mi
ZIP Area
122
Density / Sq Mi
$64,423
Median Household Income
$35,750
Median Earnings
$1,100
Median Rent
$275,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Magnolia Small Animal Hospital — 2885 S Lamar Blvd, Oxford, MS 38655
Frequently Asked Questions
What type of property is this?
Medical Office Space - Located within Oxford’s Medical District near Baptist Memorial Hospital and other healthcare facilities.
Where is this medical office space located?
The property is located at 506 AZALEA DR Oxford, MS.
What is the asking price?
The asking price for this property is $1,725,630.
What are key features of this property?
This property features: Absolute NNN lease with a 7‑year primary term commencing at closing; 2% annual rental increases; Personal guarantee from the practice’s owning physicians
