For Sale
$1,800,000

700 North StJackson, MS 39202

Multi-tenant office building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
109
This exceptional two-story office building, located at 700 North Street in Jackson, Mississippi, presents a compelling investment opportunity. The property encompasses 24,747 square feet on a 1.02-acre lot and boasts a Class B designation. Constructed in 1977, the building currently enjoys 100% occupancy with multiple tenants, generating a net operating income (NOI) of $199,175. The asking price is $1,800,000, translating to a price per square foot of $72.74. The property features a strong tenant base, including a major anchor tenant with a lease term exceeding seven years. This prime location in Hinds County, zip code 39202, offers easy access to key areas of Jackson, including the Mississippi Coliseum, situated just a few miles away. The property's strong occupancy rate and stable income stream make it an attractive investment for discerning buyers seeking a reliable and profitable addition to their portfolio. The property's APN is 23-1. This is a single-building, multi-tenant property with two stories.

Property Details for 700 North St

Property type
Office properties
Square Feet
24,747 SF
Class
B
Year Built
1977
Buildings
1
Stories
2
Lot Size (sq. ft)
44,431 SF
Units
1

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.306819
Longitude
-90.1770823
700 North St, Jackson, Mississippi

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700 North St
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