For Sale
$450,000

2425 Us-80Jackson, MS 39204

1,260 SF Office, Stable Tenant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
109
This exceptional investment opportunity presents a 1,260-square-foot traditional office building situated on a 7,015-square-foot lot at 2425 US-80 in Jackson, Mississippi, 39204. Currently 100% occupied by a national loan company under a five-year lease commencing October 1, 2023, and expiring October 1, 2028, this property boasts a strong, stable tenant with two five-year renewal options and annual rent increases of five percent. The building itself is in excellent condition, benefiting from recent upgrades including a new roof (December 2022), an HVAC system less than five years old, and recent exterior repairs and repainting. The property's location near the busy Ellis Avenue and Highway 80 intersection provides high visibility and accessibility, further enhanced by the presence of several chain restaurants and retail establishments in the immediate vicinity. The tenant holds a valuable, grandfathered payday and cash advance license from the City of Jackson, currently under a moratorium on issuing new licenses. This is one of the tenant's top-performing locations in the state. The seller is responsible only for exterior building maintenance, building insurance, and HVAC repairs exceeding $3,000 annually. This turnkey investment offers a compelling combination of strong tenancy, recent improvements, and a prime location, making it an ideal addition to any portfolio. The asking price is $450,000.

Property Details for 2425 Us-80

Property type
Office properties
Square Feet
1,260 SF
Buildings
1
Stories
1

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.291690689883
Longitude
-90.228550429718
2425 Us-80, Jackson, Mississippi

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2425 Us-80
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message