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1160 Stateline Rd E
30,000 SF of Industrial Space Available in Southaven, MS 38671
Highlights
- Traffic Volume / Day 20,000 +/- VPD
- 30,000 +/- SF Flex building on 3.58 acres
- Warehouse & Shop
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 30,000 SF | Negotiable | £5.48 /SF/PA £0.46 /SF/MO £58.96 /m²/PA £4.91 /m²/MO £164,315 /PA £13,693 /MO | Triple Net |
1st Floor
This pre-engineered metal building features an attractive brick veneer and asphalt parking lot with 70+ lined parking spaces. The building includes 5,150 SF of office space and 24,850 SF of warehouse / shop. The office space is currently divided into a reception area, 8 private offices, a conference room, a training area, a kitchenette / breakroom, and 2 ADA bathrooms. The warehouse area is divided into a 17,850 SF area that is 100% heated and cooled, and a 7,000 SF area equipped with an attic ventilation fan and gas blower heat; all of which is fully insulated. The warehouse also includes 2 bathrooms. Loading options include 1 drive-in OHD (12’x12’), a “bob” truck dock, and a truck well with a standard 48” dock, and covered staging area.
- Lease rate does not include utilities, property expenses or building services
- Includes 5,150 SF of dedicated office space
- Space is in Excellent Condition
- 2 Loading Docks
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1160 Stateline Rd E , Southaven, MS 38671
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Freestanding | Parking Ratio | 2.43/1,000 SF |
| Gross Internal Area | 30,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 30,000 SF |
| Year Built | 1999 |
| Parking Ratio | 2.43/1,000 SF |
About the Property
TRI Inc is pleased to present For Lease, this 30,000 +/- SF (100’ x 300’) flex building on Stateline Road in Southaven Ms. This pre-engineered metal building features an attractive brick veneer and asphalt parking lot with 70+ lined parking spaces. The building includes 5,150 SF of office space and 24,850 SF of warehouse / shop. The office space is currently divided into a reception area, 8 private offices, a conference room, a training area, a kitchenette / breakroom, and 2 ADA bathrooms. The warehouse area is divided into a 17,850 SF area that is 100% heated and cooled, and a 7,000 SF area equipped with an attic ventilation fan and gas blower heat; all of which is fully insulated. The warehouse also includes 2 bathrooms. Loading options include 1 drive-in OHD (12’x12’), a “bob” truck dock, and a truck well with a standard 48” dock, and covered staging area. This property is located along the heavily traveled Stateline Road which connects I-22 to I-55 just south of the Tennessee State line. The property lies just under 2 miles from I-55 and 5 miles from I-22 with exceptional exposure to the 20,000 vehicles per day (avg) passing the site. This transition area is adjacent to heavier industrial uses, but close to residential neighborhoods, and lighter commercial uses including restaurants.
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1160 Stateline Rd E
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