2438 Highway 98 Columbia, MS 39429
This exceptional investment opportunity presents the fee simple interest in a newly renovated, 18,049-square-foot office building located at 2438 Hwy 98 E, Columbia, Mississippi. The property, situated on 4.75 acres, serves as the headquarters for Yak Access, LLC, a wholly-owned subsidiary of United Rentals. The building is 100% leased under a 10.2-year NNN lease, offering strong, long-term income potential. The property boasts a compelling 8.75% capitalization rate and a net operating income (NOI) of $508,562, making it an attractive investment. Strategically located in the heart of Yak Access's employee base and labor pool within Mississippi's Pine Belt region, the property enjoys excellent regional access to major interstates I-59, I-10, and I-20. Furthermore, its proximity to Hattiesburg-Laurel Regional Airport (PIB) provides convenient access to commercial air service. This modernized facility is situated in a Qualified Opportunity Zone, offering additional investment incentives. The asking price for this prime commercial real estate is $5,800,000. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and favorable location.
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BlueRoc Association Or Organization
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.