267 S Perkins St Ridgeland, MS 39157
For Sale
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Located in the Ridgeland, MS industrial park - Payne Realty if offering for sale these two office / warehouse properties. These two buildings are on the same parcel of land and consist of +/- 6,426 square feet (3,540 heated and cooled and 2,886 of non-climate controlled partially finished warehouse) and +/- 11,526 square feet of high-end office finish with studio space. Both are occupied to a credit tenant who has occupied the same building for close to 20 years. The properties have 6 + years remaining on a 10-year lease that was executed in 2020. This would be a great place for a client coming out of a 1031 exchange or looking for a potential value add opportunity in a stable area of Madison County. Please call our office for more information on this property. Located just off of Highway 51 and just south of W. Jackson Street. Great access to Interstate 55. 6 + years remaining on a 10 year lease Potential value add opportunity Easy access to Hwy 51 and I-55
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Certifiable Studios Corporate Office
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
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Property description
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No recorded transactions found for this property.
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Risks
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