1385 Johnny Johnson Dr Brookhaven, MS 39601-9641
This exceptional investment opportunity presents a fully occupied, 8,000-square-foot Class B office building located at 1385 Johnny Johnson Dr, Brookhaven, MS 39601. The property boasts a strong 8.50% capitalization rate and an asking price of $950,000 ($118.75 per square foot). Built in 2000 and renovated in 2022, this single-story building sits on a 0.6-acre lot and features two credit tenants under long-term leases with annual rent bumps, ensuring consistent income. The building's exterior has recently been refreshed with a modern white and grey paint scheme. Furthermore, 5,100 square feet of interior space has undergone a complete renovation, including new flooring and energy-efficient LED lighting. The property's location in Lincoln County, Mississippi, offers convenient access to local amenities and infrastructure. This stabilized investment is ideal for buyers seeking a secure, high-return commercial property with minimal vacancy risk. The property's APN is B77-14-2-016.
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Deaconess Hospice Hospital
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Deaconess HomeCare of Brookhaven Home Health Care Service
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Mississippi Department of Revenue Brookhaven District Tax Department State Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.