579 Lakeland East

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30292182
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 6,043 SF
Gross Land Area: 0.49 Acres
Sale Price: $835,000
Unit Price: $138.18 PSF
Property Use Type: Investment
Class of Space: Class A
Usable Size (USF): 6,043 SF
Sale Terms: Cash to Seller
Cap Rate: 9.6%
Average Occupancy Rate: 100
Last Updated: 9/19/2018

Overview / Comments

Great single tenant asset with long term tenant(Sound Financial Strategies Group, Inc.) in place who just renewed for another 3 years. Been in property since 2014. Property is configured to be up to a 4 tenant building. Located on the quiet cul-de-sac of Lakeland East. Property was built in 2009. Easy access to property via Lakeland Dr., Flowood Dr., & Airport Rd. Close to other professional business, retail and restaurants.

Attachments & Media

Additional Details

Nearest MSA: Jackson
County: Rankin
Tax ID/APN: F10J000014 00550
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2009
In Flood Plain?: Yes
Legal Description: LOT 55, LAKELAND EAST OFFICE PARK EXTENDED DB 377 PG 430 0121178 DB 611 PG 0159 0111690

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 28,779 109,792
Median Age: 35.92 35.32
Households: 12,257 45,770


Photograph of Listing Agent

Brandon Brown

T.L. Brown Properties Jackson, MS 39216
The information presented herein is provided as is, without warranty of any kind. Neither Mississippi Commercial Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.