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Starkville, MS - Amazon Last-Mile Distribution Facility

$6,032,000

115 Jack Wallace Blvd, Starkville, MS 39759

Active
Last Updated: 01/14/2026

6

Cap Rate

361,944

NOI

Details:
Cap Rate:    6%
NOI:    $361,944
Building Size:    50,000 sqft
Lot Area:    22.92 acres
Year Built:    2024
Zoning:    I Industrial
Description:

• The lease is guaranteed by Amazon.com, Inc. (NASDAQ: AMZN | S&P: AA)
• Amazon fully funded $15 million in tenant improvements for the project
• The site opened in April 2024 and was expected to create over 90 local jobs
• The tenant has over 5 years remaining with 3 (3-Year) options to extend
• The lease features 2.5% annual increases throughout the remaining term and increases in the options equal to 95% of Fair Market Value
• The building is located on a 22.9 acre parcel and is expandable up to 100K SF

• The asset is strategically located in the NorthStar Industrial Park, a 384-acre development with approximately 3 million SF in industrial space
• The site benefits from nearby access to Golden Triangle Regional Airport
($272.5 million in annual economic activity) and to George M Bryan Airport in Starkville (roughly 31,000 aircraft operations annually)
• The site is roughly 5 miles from Mississippi State University, a growing Division I institution with about 23,563 students as of fall 2025
• More than 33,000 residents and 24,000 employees support the trade area
• $71,502 average household income
• The site sits in Mississippi’s Golden Triangle, the Columbus Starkville West Point corridor, supported by billions in industrial development led by Steel Dynamics and its expanding advanced manufacturing hub

Map:
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