Medical Center with Long-Term
For Sale
Contact for pricing
508 Hwy 61, Natchez, MS 39120
Healthcare facility supported by a corporate guaranty and scheduled lease escalations.
Property Size3,600 SF
Price / SF$502.62
Days on Market12
Property Features for 508 Hwy 61
General Information
Standard status
Active
Size
3,600 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
CP Partners
(415) 274-2706
Listed By:
Justin Stark · License #01856228
Source:
Moodyscre
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 22 at 12:42PM
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 CP Partners
Investment Insights
Based on property information with market context.
This 3,600-square-foot medical center is leased under an original 15-year term that began at rent commencement in December 2021, with approximately 10 years remaining at that point. The lease provides three additional five-year renewal options and includes 10% rental increases every five years. The structure places landlord maintenance and expense responsibilities with the tenant, creating a passive ownership profile.
The property is located within the Beechwood development project in Natchez, where multiple commercial projects are in progress. A Medicaid and Medicare facility is scheduled for construction on an adjacent site, adding another healthcare use to the surrounding development. The lease also includes a corporate guaranty from a national urgent care operator with more than 320 clinics across the Southeast.
The property is located within the Beechwood development project in Natchez, where multiple commercial projects are in progress. A Medicaid and Medicare facility is scheduled for construction on an adjacent site, adding another healthcare use to the surrounding development. The lease also includes a corporate guaranty from a national urgent care operator with more than 320 clinics across the Southeast.
Key Highlights
- 3,600‑square‑foot medical center
- 15‑year original lease term with approximately 10 years remaining as of December 2021 rent commencement
- Three 5‑year renewal options extend the lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
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Business Placement
Demographics for 39120, MS
29,634
Population
14,963
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
83%
High-School Grad
484.2 sq mi
ZIP Area
61
Density / Sq Mi
$40,586
Median Household Income
$33,334
Median Earnings
$720
Median Rent
$106,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Healthcare facility supported by a corporate guaranty and scheduled lease escalations.
Where is this medical center located?
The property is located at 508 Hwy 61 Natchez, MS.
What is the asking price?
The asking price for this property is $1,809,417.
What are key features of this property?
This property features: 3,600‑square‑foot medical center; 15‑year original lease term with approximately 10 years remaining as of December 2021 rent commencement; Three 5‑year renewal options extend the lease structure
