128 Riverview Dr Flowood, MS 39232-8908

This exceptional investment opportunity presents a 2,972-square-foot medical office building in Flowood, Mississippi, currently 100% occupied by Affordable Dentures under a Net Net Net (NNN) lease. The property, built in 2003 and situated on a 0.76-acre lot, boasts 32 parking spaces and enjoys a prime location within a thriving medical/retail corridor experiencing 59,000 vehicles per day. The current lease, with a corporate guarantee, extends to November 30, 2030, providing a substantial remaining term of approximately six years. A significant 10% rent increase is scheduled for December 1, 2025, boosting the Net Operating Income (NOI) to $68,653.20. The asking price is $912,620, representing a compelling 7.25% cap rate and a price per square foot of $307.07. The property benefits from a strong demographic profile, including a 95,005-person population within a five-mile radius and an average household income exceeding $111,774 within one mile. This single-tenant, fee-simple ownership offers a secure and attractive investment prospect with a long-term, established tenant and built-in rent growth. The lease commenced July 28, 2003.