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3800 Dale Dr Meridian, MS 39301

For Sale
$1,200,000

Prime Meridian investment opportunity. Lease in place.

Description

Added:
Dec 11, 2024
Days on Market:
367
This exceptional commercial property, located at 3800 Dale Drive in Meridian, Mississippi, presents a compelling investment opportunity. The property encompasses a substantial 2.78 acres and features a large building complex totaling over 34,900 square feet. The main structure offers over 27,000 square feet of versatile office space, perfectly suited for a variety of business needs. In addition, there is a significant 7,900 square foot warehouse component, providing ample storage or production space. The building's construction history spans from its original build date in 1984 to subsequent additions completed in 2006, indicating a blend of established infrastructure and more recent upgrades. Currently, the property is secured by a lease agreement extending until June 30, 2027, generating a substantial monthly income of $20,000, or $240,000 annually. This long-term lease provides immediate cash flow and a stable investment foundation. Situated in Lauderdale County, Mississippi, with a Meridian zip code of 39301, this property benefits from a strategic location within a thriving community. The combination of substantial square footage, a secure lease, and a desirable location makes this a truly remarkable investment prospect. The asking price for this exceptional property is $1,200,000.

Property Features for 3800 Dale Dr

General Information

Property type
Specialty properties
Lot Size
121,097 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Meridian
County
Lauderdale
State
Mississippi
Longitude
-88.6691603
Latitude
32.3967533

FAQs

What type of property is this?
Specialty property - Prime Meridian investment opportunity. Lease in place.
Where is this specialty property located?
The property is located at 3800 Dale Dr Meridian, MS.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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