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Property profile & analytics
FOR LEASE
Medical Office Space

961 S Gloster St Tupelo, MS 38801

3.9 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US50-0920404
Property summary
AI-generated overview

This exceptional Class A, single-story medical office complex in Tupelo, MS, offers 23,830 square feet of immediately available space, divisible to 9,000 square feet. Located at 961 S Gloster St, 38801, this 76,716 square foot building boasts attractive features including vaulted ceilings, marble flooring in common areas, and an atrium meditation area. Built in 2007 and renovated in 2009, the property sits on 6.47 acres and includes 300 parking spaces, ensuring ample parking for tenants and visitors. The complex is anchored by North MS Hematology and Oncology Associates, a partner with North MS Health Services, providing a strong existing tenant base. Potential tenants may qualify for tenant improvement allowances or build-to-suit services. The property enjoys high visibility and excellent access to major roadways, and is situated just 0.3 miles from North MS Medical Center, the largest non-metro hospital in the nation, offering proximity to other medical services and restaurants. Property taxes are $2.32 per square foot. This is a prime opportunity for medical practices seeking a prestigious and well-located office space in a thriving medical community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 3.9 ac (169,884 SF)
APN 113E-06-146-03
UPID US50-0920404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jessica Glidewell, FNP Physician
  • David Morris, M.D. Physician
  • Julian Hill, MD Physician
  • Tammy Pelegrin, CFNP Physician
  • Andrew Kellum, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Tupelo 961 Mp Rk6 · 2 yrs held
Tupelo 961 Mp Rk6
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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