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    961 Gloster St Tupelo, MS 38801

    Sponsored
    For Lease
    $22 SF/Yr

    Class A medical office space available

    Lot size:
    76,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A, single-story medical office complex in Tupelo, MS, offers 23,830 square feet of immediately available space, divisible to 9,000 square feet. Located at 961 S Gloster St, 38801, this 76,716 square foot building boasts attractive features including vaulted ceilings, marble flooring in common areas, and an atrium meditation area. Built in 2007 and renovated in 2009, the property sits on 6.47 acres and includes 300 parking spaces, ensuring ample parking for tenants and visitors. The complex is anchored by North MS Hematology and Oncology Associates, a partner with North MS Health Services, providing a strong existing tenant base. Potential tenants may qualify for tenant improvement allowances or build-to-suit services. The property enjoys high visibility and excellent access to major roadways, and is situated just 0.3 miles from North MS Medical Center, the largest non-metro hospital in the nation, offering proximity to other medical services and restaurants. Property taxes are $2.32 per square foot. This is a prime opportunity for medical practices seeking a prestigious and well-located office space in a thriving medical community.

    Property Features for 961 Gloster St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    76,716 SF
    Class
    A
    Total Rate
    140646

    Building Details

    Year Built/Renovated
    2007/2009
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,000 SF
    Rate per SF
    $22
    Space
    Available Space 2
    Size
    14,830 SF
    Rate per SF
    $22

    HighLights

    • 76,716 square foot building.
    • 23,830 square feet of divisible vacant space.
    • $22 per square foot, per year base rent.
    • Triple Net (NNN) lease.
    • $4.00 per square foot, per year operating expenses.
    • $30 per square foot tenant improvement allowance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jessica Glidewell, FNP Nurse Practitioner David Morris, M.D. Oncologist Julian Hill, MD Oncologist Tammy Pelegrin, CFNP Nurse Practitioner Andrew Kellum, MD Oncologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.7209769
    Latitude
    34.2370818

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    FAQs

    What type of property is this?
    Medical office - Class A medical office space available
    Where is this medical office located?
    The property is located at 961 Gloster St Tupelo, MS.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 76,716 square foot building.; 23,830 square feet of divisible vacant space.; $22 per square foot, per year base rent.
    Request Owner's contact information
    961 Gloster St Tupelo, MS 38801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    961 Gloster St Tupelo, MS 38801
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