5440 Executive Place

Highlights:

• 12-unit commercial/retail property – Fully leased and income-generating
• Strong cash flow – 10% cap rate for solid returns
• No significant deferred maintenance – Well-maintained
• Green space
• Recent upgrades:
• LED lighting installed in 2018 for energy efficiency
• New surveillance system added in 2020 for enhanced security (negotiable)
• Parking lot restriped in 2024 for improved aesthetics and functionality
• Month-to-month leases – Flexibility for rent increases or new lease terms
• Detailed financial records – Transparent investment opportunity

Description:

This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with most tenants on a month-to-month lease, providing flexibility for rent adjustments or lease restructuring.
Meticulously maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors. A burglar alarm located in Unit D1 provides wireless smoke detectors for all four upstairs units.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset. Contact Kim Bobbitt 601.209.6593
Co-listed with E. David Cox, Broker 601-898-0181, edavidcox@me.com

a commercial property located in the Northbrook neighborhood of Jackson, MS

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