431 W Main St Tupelo, MS 38804
For Lease
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This exceptional office building, located at 431 W Main St, Tupelo, MS 38804, offers multiple upscale suites ideal for executive or medical practices. The 50,000 square foot Class B building, renovated in 2020, boasts a prime location in the city's central business district (CBD), anchored by First American National Bank and surrounded by a diverse mix of businesses including architecture, construction, engineering, government services, legal, and financial firms. Three available spaces range from 900 to 5,775 contiguous square feet, providing flexibility for various business needs. The building features a desirable tenant mix and benefits from a rare private parking lot in the CBD, along with convenient access to a full-service post office, four major banks, numerous restaurants, and retail shops. Each suite offers a thoughtfully designed layout, including multiple private offices, a conference room, training room, bullpen area, large kitchenette, and three private bathrooms. Modern amenities include LED lighting, ample natural light, and three points of entry/exit, including two private entrances and an exclusive waiting/lobby area. Tenant improvement allowances (TIA) and finish-to-suit options are available for qualified tenants. Property taxes are $0.56 per square foot. The building is zoned MUCC and includes elevators. The 2.5-acre site provides ample space and parking. This is a truly remarkable opportunity to secure prestigious office space in a thriving Tupelo location.
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Phillip Hankins at CrossCountry Mortgage | NMLS# 104705 Loan Service Bank
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Swift Staffing Employment Agency
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Mortgage Solutions Financial Tupelo Loan Service Bank
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CrossCountry Mortgage Mortgage Lender Consultant
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Geremy Reese - Cross Country Mortgage Loan Service Bank
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
Similar Nearby for Lease
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.