106 Stribling Dr Brookhaven, MS 39601-7011

This exceptional Brookhaven retail property presents a compelling investment opportunity. The 4,856 square foot building sits on a 0.98-acre lot (Lot 3C) and is currently fully occupied, generating immediate income. A 7-year lease agreement, with 5.5 years remaining, provides consistent cash flow, further enhanced by a 2% annual rent escalation built into both the initial and option periods. This offers a strong hedge against inflation and ensures growing returns. The property's strategic location provides unparalleled visibility, boasting a 100-foot Interstate pylon sign directly visible from Interstate 55. This high-traffic location is complemented by its proximity to major commercial establishments including Home Depot, a Honda dealership, and Stribling Equipment, maximizing exposure and foot traffic. Constructed in 2015, the building is in excellent condition, requiring minimal maintenance, and offers contemporary facilities. The property's average capitalization rate over the initial lease term is 6%, making it an attractive investment for those seeking a balance of security and significant growth potential within the commercial real estate sector. The asking price is $1,556,000.