Search Land - Investment Property For Sale 12% CAP
Investment Property For Sale 12% CAP
$1,550,000
119 W. Presley Blvd., McComb, MS
Status: Active
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Property Type
Commercial Acreage
Acreage
2.8 acres
County
Pike, MS
Format
Sale
Features
Electricity
List Date
Oct 25, 2024
Documents
Maps
Flyer
Description
Great investment opportunity and ROI in McComb, Mississippi. 100% occupied 4 tenant, 22,115 SF commercial building generates $214,200 of gross income and a 12% CAP!! Tenants and percentage of lease space include Quipt Home Medical (55%), Horizon Hospice (25%), Tobacco shop (14%) and Summit Financial (6%). Quipt, Horizon, and Summit have been tenants for many years and have renewed leases as required. The 2.8 acre property has excellent street frontage and visibility on Presley Blvd / Hwy 98 just west of the intersection of Presley Blvd/Hwy 98 & Hwy 51. Leases are 3 years and available upon request. Located across the street from the entrance to a large shopping center complex and also within 500' of national brands such as KFC, Church's Chicken, Subway, CitiTrends, Family Dollar, Dollar General, Sunflower, Advanced Auto Parts, and several convenience stores.