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Single-Room Office Unit
For Lease
$575/Mo

986 Madison Avenue, Madison, MS 39110

Utility service and twice-weekly refuse collection are included in the lease.

Space SizeContact for details
Property Size4,000 SF
Days on Market894

Property Features for 986 Madison Avenue

General Information

Standard status Active
Size 4,000 SF
Lease Type Full Service

Space & Availability

Space Use Office
Furnished No

Additional Details

Utilities Included in Rent electricity, gas, water, trash

Building Details

Building Size 4,000 SF
Year Built 1990
Listing Agency: Randall Saxton Real Estate
Listed By: Randall Saxton · License #B11868
Source: Brittbarnes
Added: May 16, 2024 Changed: Oct 25 Last Checked: Oct 26 at 3:36AM

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 Randall Saxton Real Estate

Rey
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Investment Insights

Based on property information with market context.

This office unit at 986 Madison Avenue in Madison, Mississippi, is configured as a single room. The building dates to 1990. Power, gas, water, and trash pickup twice weekly are included in the full-service lease; office furniture shown in the listing photographs is available for purchase separately.

The property is in downtown Madison, within walking distance of the post office, library, banks, and restaurants.

Key Highlights

  • Single‑room office unit
  • Power, gas, water, and trash pickup twice a week included
  • Office furniture shown in listing photographs available for purchase

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ASB Midsouth Business Broker Steve Hill Agency Insurance Agency Saxton Law, PLLC Law Firm Randall Saxton Real ... Real Estate Agency Randall Saxton Real ... Real Estate Agency

Suggested Use

Top Pick Skin Care Clinic Auto Parts Store Grocery & Convenience Store Building Supply Computer & Electronic Repair Auto Repair Shop

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
$0.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby

Demographics for 39110, MS

48,474
Population
18,305
Households
2.6
Avg Household Size
41
Median Age
64%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
652
Density / Sq Mi
$122,955
Median Household Income
$62,071
Median Earnings
$1,979
Median Rent
$342,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Madison, MS

$16.71 /SF/Yr
Avg Asking Price
$1.24–$35 /SF/Yr
Price Range
17,683 SF
Avg Space Size

This space is priced 90% below the average of $16.71 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Utility service and twice-weekly refuse collection are included in the lease.
Where is this office unit located?
The property is located at 986 Madison Avenue Madison, MS.
What is the lease rate?
The lease rate is $575/Mo.
What are key features of this property?
This property features: Single‑room office unit; Power, gas, water, and trash pickup twice a week included; Office furniture shown in listing photographs available for purchase
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