1125 Weems St Pearl, MS 39208
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Rankin County warehouse, 35k-175k SF available.
Property size:
35,000 SFProperty Features for 1125 Weems St
General Information
- Property type
- Refrigerated & Cold Storages
- Square Feet
- 35,000 SF
- Class
- B
- Lot Size
- 609,840 SF
Building Details
- Year Renovated
- 2025
- Buildings
- 3
- Stories
- 1
- Units
- 3
Listing Agent: Grant Ridgway
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Rankin County industrial property offers 35,000 to 175,000 square feet of versatile warehouse space, ideal for distribution, cold storage, or general warehousing needs. The property consists of three Class B buildings, each single-story, totaling 175,000 net rentable square feet, situated on a 14-acre lot at 1125 Weems St, Pearl, MS 39208. Currently vacant, this property presents a unique opportunity for immediate occupancy. The asking price is $4,600,000, representing a pro-forma cap rate of 22.83% and a pro-forma NOI of $1,050,000. The property features 24 loading docks and 24 dock-high doors, with ceiling heights ranging from 18 to 30 feet. Significant improvements are planned for completion in 2025, including a new truck court enabling cross-dock capabilities, approximately 8 acres of fenced outdoor storage, interior upgrades (paint, insulation repair, roof repairs as needed, and new LED lighting). The property also includes approximately 10,000 square feet of refrigerated space and 40,000 square feet of freezer space, which can be reactivated. The property is zoned I-1 and benefits from a highly desirable location near the intersection of Interstates 20 and 55, with convenient access via the new Pearson Road Interchange. This is a NNN lease property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Refrigerated & Cold Storages
Location Insight
- Map
- Local Demand
- City
- Pearl
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.137994841694
- Latitude
- 32.249151647255
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FAQs
What type of property is this?
Refrigerated / Cold Storage - Rankin County warehouse, 35k-175k SF available.
Where is this refrigerated / cold storage located?
The property is located at 1125 Weems St Pearl, MS.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 175,000 SF of Class B industrial warehouse space available for lease or sale in Pearl, MS.; Located on a 14-acre lot at 1125 Weems St, with convenient access to I-20 and I-55 via the new Pearson Road Interchange.; Property features 24 loading docks, 24 dock-high doors, and ceiling heights ranging from 18 to 30 feet; includes approximately 10,000 SF of refrigerated space and 40,000 SF of freezer space.
