301 Brooks St Pelahatchie, MS 39145
This exceptional investment opportunity presents a 15-year absolute net sale-leaseback of a five-building industrial portfolio totaling 169,043 square feet. The portfolio is primarily situated in the Jackson, Mississippi market, with one building located in Marine City, Michigan. The property features a diverse range of light manufacturing facilities, boasting ceiling heights ranging from 14 to 20 feet. The current tenant, Multicraft, a well-established manufacturer with a strong track record, occupies 100% of the space under a 15-year lease with 3% annual rent increases. The lease includes two five-year renewal options at fair market value. The portfolio generates a substantial net operating income (NOI) of $1,014,258, resulting in an attractive 8.82% capitalization rate. The asking price for this exceptional sale-leaseback opportunity is $11,500,000. The properties are situated on land parcels ranging from 1.11 to 10.17 acres and are zoned for light industrial, limited industrial, or special use, depending on the specific location. Built between 1939 and 2000, these buildings offer a blend of established infrastructure and potential for future expansion. The tenant has no credit rating, but the long-term lease and strong operational history mitigate this risk. This portfolio represents a compelling investment opportunity with significant long-term value and stable cash flow. The portfolio's location offers access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a high-quality, income-producing industrial portfolio with a long-term, creditworthy tenant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.