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    190 Norfolk Southern Way Byhalia, MS 38611

    Sponsored
    For Lease
    $3 SF/Yr

    Class A Warehouse Space Available

    Lot size:
    1,058,669 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A warehouse sublease opportunity in Byhalia, Mississippi, offers ±495,000 square feet of prime industrial space at a rate of $3.55 per square foot, triple net (NNN). Located at 190 Norfolk Southern Way, 38611, this single-tenant property boasts a modern design, built in 2019, featuring tilt-up construction. The warehouse features a spacious layout with 40' to 45' clear ceiling heights and a cross-dock configuration, optimizing efficiency. The property includes 70 dock-high doors and one drive-in ramp door, ensuring seamless loading and unloading. Ample trailer parking is provided with 72 spaces. The building's advanced fire suppression system (ESFR) ensures optimal safety. Column spacing is 50' x 60'. This sublease is available through January 31, 2030. The entire building encompasses 1,058,669 square feet, and this sublease represents a significant portion of that space. This is an ideal location for businesses seeking a modern, efficient, and strategically located warehouse facility in Mississippi. The property is a single-story building.

    Property Features for 190 Norfolk Southern Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,058,669 SF
    Class
    A
    Total Rate
    313189.58

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    495,000 SF
    Rate per SF
    $3

    HighLights

    • 190 Norfolk Southern is situated in the Gateway Global Logistics Center (GGLC), a 2,000‑acre industrial park in Fayette County, TN and Marshall County, MS.
    • The property offers convenient access via Highways 72 and 302, and Wingo Road.
    • GGLC features Class A buildings and tenants such as Amazon, Kellogg's, Cooper Tire, Volvo, and McCormick.
    • The adjacent $105M Norfolk Southern Rossville Intermodal terminal (completed July 2012) directly serves GGLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Pharmacy Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Byhalia
    County
    Marshall
    State
    Mississippi
    Longitude
    -89.593847
    Latitude
    34.9903319

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    FAQs

    What type of property is this?
    Distribution property - Class A Warehouse Space Available
    Where is this distribution property located?
    The property is located at 190 Norfolk Southern Way Byhalia, MS.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 190 Norfolk Southern is situated in the Gateway Global Logistics Center (GGLC), a 2,000-acre industrial park in Fayette County, TN and Marshall County, MS.; The property offers convenient access via Highways 72 and 302, and Wingo Road.; GGLC features Class A buildings and tenants such as Amazon, Kellogg's, Cooper Tire, Volvo, and McCormick.
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    Byhalia, MS 38611
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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.

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    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
    190 Norfolk Southern Way Byhalia, MS 38611
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