I-20 Business Center

100 Business Center Parkway, Pearl, MS

$799,000

Price

10,000 sqft

Building Size

1.03 acres

Lot Area

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Street
Map
Overview
Building Size
10,000 sqft
Lot Area
1.03 acres
Occupancy
100%
Units
7
Year Built
2000
Description

Located just off of I-20 in Pearl, Mississippi, Payne Realty is offering for sale this +/- 10,000 square foot fully occupied retail center. The property is seven units with a good mix of long terms tenants. The property is visible from I-20 and is sitting on just over an acre of land. The property was built in the early 2000s, and at the asking price of $799,000 reflects an in-place cap rate of approximately 10.05% or just over $79/SF in the improvements. Please call our office for more information on this property at 601-956-2020. All information is from sources considered reliable, it is not guaranteed but the brokerage or its agents.

Located just off of Interstate 20 on Business Center Parkway

Highlights
  • Approximate in place cap rate of 10.05%
  • Majority of tenants have occupied for 7 + years
  • Value add potential with short terms and partial below market rents
Location
Gallery