For Sale
$4,300,000

1887 Lakeland Dr Jackson, MS 39216

Jackson, MS: Prime Bank Investment

Overview

Added:
Dec 11, 2024
Days on market:
130

Highlights

  • 16,717 SF single-tenant office building in Jackson, MS.
  • 100% occupied by Trustmark Bank under a gross lease expiring June 7, 2027 (2.5 years remaining).
  • 6.26% cap rate and $269,140 NOI.
  • Class B building on a 1.34-acre lot (C-2 zoning) with 75 parking spaces; built 1977, renovated 2020.
  • Asking price: $4,300,000 ($257.22/SF).

Property Details for 1887 Lakeland Dr

Property type
Office properties
Square Feet
16,717 SF
Class
B
Year Built/Renovated
1977/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
58,370 SF
Units
1

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.333316353072
Longitude
-90.137849606306
1887 Lakeland Dr, Jackson, Mississippi
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Office property - Jackson, MS: Prime Bank Investment
Where is the office property located?
The property is located at 1887 Lakeland Dr Jackson, MS.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 16,717 SF single-tenant office building in Jackson, MS.; 100% occupied by Trustmark Bank under a gross lease expiring June 7, 2027 (2.5 years remaining).; 6.26% cap rate and $269,140 NOI.
How can I contact the broker?
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1887 Lakeland Dr
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