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Upscale Office Space Available
For Lease
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431 W Main St, Tupelo, MS 38804

Professional office building in the heart of the CBD.

Days on Market1152

Property Features for 431 W Main St

General Information

Standard status Active
Property subtype Office
Listing Agency: TRI Inc Realtors
Listed By: Clay Short · License #MS S-27047
Source: Crexi
Added: Jun 5, 2023 Changed: Jul 6 Last Checked: Jul 29 at 2:04PM

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 TRI Inc Realtors

Investment Insights

Based on property information with market context.

Upscale office spaces are available for rent in a stabilized professional building located in the heart of the CBD. The building features a strong tenant mix, including professionals from architecture, construction, and engineering, as well as governmental services (GSA), and legal and financial industries. The building is anchored by Guaranty Bank. The available space is modernized and well-designed. A full-service post office, four major banks, many restaurants, and diverse retail shopping options are located within close proximity of the property. The parking lot is one of the few private lots in the CBD. Finish-to-suit options and Tenant Improvement Allowance (TIA) are available for strong prospects.

Key Highlights

  • Prime CBD location.
  • Stabilized professional building with a strong tenant mix.
  • Private parking lot.

Property Analytics

Current Use

Phillip Hankins at CrossCountry ... Loan Service Swift Staffing Employment Agency Mortgage Solutions Financial ... Loan Service CrossCountry Mortgage Consultant Geremy Reese - Cross ... Loan Service

Suggested Use

Top Pick Carpet & Flooring Store Grocery & Convenience Store Veterinary Clinic Electrical Service Pet Grooming Service Pet Store & Service

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby

Demographics for 38804, MS

17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professional office building in the heart of the CBD.
Where is this office building located?
The property is located at 431 W Main St Tupelo, MS.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime CBD location.; Stabilized professional building with a strong tenant mix.; Private parking lot.
(662) 842-8283 Call to check price and availability
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