1014 Flowood DrFlowood, MS 39232

For Sale
Call for price

32,515 SF, 100% Occupied Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
96
Exceptional investment opportunity: a 32,515-square-foot Class B warehouse in Flowood, Mississippi. This single-tenant, stabilized property is fully occupied by a credit-rated tenant, Trace Aviation, a leading King Air landing gear exchange and overhaul provider. The lease is a NNN structure with annual rent bumps of 2.5%. The building features four dock-high doors with canopy covering, and is fully climate-controlled (HVAC system overhauled in 2024). Significant recent and planned improvements include a new sprinkler system installation, a new hydro-stop roof coating with a 15-year warranty, and a new office area currently under construction. Strategically located in the robust Flowood submarket, minutes from the international airport, this property offers a secure and high-return investment. The property boasts 100% occupancy and a strong tenant profile, making it an ideal addition to any portfolio. This is a rare opportunity to acquire a well-maintained, high-quality industrial asset in a prime location.

Highlights

  • Close proximity to the International Airport.
  • Fully climate-controlled building with recent HVAC upgrades (2024).
  • Situated in the strong Flowood, MS market.
  • New office space currently under construction.
  • New sprinkler system installation pending.
  • Four dock-high doors with canopies.

Property Details for 1014 Flowood Dr

Property type
Other warehouses, Other industrial properties
Square Feet
32,515 SF
Class
B

Location Insight

City
Flowood
County
Rankin
State
Mississippi
Latitude
32.32740223668
Longitude
-90.102492430051
1014 Flowood Dr, Flowood, Mississippi

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1014 Flowood Dr
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