Southaven Medical Office | 7672-7680 Airways Blvd
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Southaven Medical Office 7672-7680 Airways Blvd
9,394 SF 100% Leased Office Building Southaven, MS 38671 £1,341,763 (£143/SF) 8% Net Initial Yield
Executive Summary
CRYE-LEIKE COMMERCIAL is pleased to present a prime medical office investment opportunity in the heart of Southaven, Mississippi. Situated strategically across from Baptist Hospital, this property stands as a cornerstone in the Desoto County medical district.
Boasting a robust investment profile, this two-story brick veneer office building is perched on a sprawling 1.1-acre site. The property, constructed in 1991, encompasses approximately 9,300 square feet of meticulously designed space. The thoughtful architecture and prime location make it an ideal asset for discerning investors seeking a foothold in the thriving healthcare sector.
One of the key features that sets this property apart is its occupancy by three well-established medical tenants, each with a long-standing history at this location. Their presence not only underscores the property's desirability but also provides a stable and reliable income stream for potential investors.
Parking is a breeze with the property's abundant three-sided parking layout, ensuring convenient accessibility to each of the three suites. This feature enhances the overall appeal for both tenants and visitors, making it a seamless experience for all involved.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a secure entry into the commercial real estate market, this medical office investment in Southaven promises a combination of stability, strategic location, and long-term potential. Don't miss the opportunity to be part of the vibrant Desoto County medical district – inquire now and secure your stake in this prime commercial property.
901.758.5670 901.262.2055
Boasting a robust investment profile, this two-story brick veneer office building is perched on a sprawling 1.1-acre site. The property, constructed in 1991, encompasses approximately 9,300 square feet of meticulously designed space. The thoughtful architecture and prime location make it an ideal asset for discerning investors seeking a foothold in the thriving healthcare sector.
One of the key features that sets this property apart is its occupancy by three well-established medical tenants, each with a long-standing history at this location. Their presence not only underscores the property's desirability but also provides a stable and reliable income stream for potential investors.
Parking is a breeze with the property's abundant three-sided parking layout, ensuring convenient accessibility to each of the three suites. This feature enhances the overall appeal for both tenants and visitors, making it a seamless experience for all involved.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a secure entry into the commercial real estate market, this medical office investment in Southaven promises a combination of stability, strategic location, and long-term potential. Don't miss the opportunity to be part of the vibrant Desoto County medical district – inquire now and secure your stake in this prime commercial property.
901.758.5670 901.262.2055
Property Facts
Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
9,394 SF
Building Class
C
Year Built
1991
Price
£1,341,763
Price Per SF
£143
Net Initial Yield
8%
NOI
£107,341
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,697 SF
Slab to Slab
11 ft
Building FAR
0.19
Land Acres
1.15 AC
Zoning
R-9
Parking
35 Spaces (3.73 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 1079300000000303 | Improvements Assessment | £96,701 |
| Land Assessment | £19,418 | Total Assessment | £116,119 |
PROPERTY TAXES
Parcel Number
1079300000000303
Land Assessment
£19,418
Improvements Assessment
£96,701
Total Assessment
£116,119
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Eric Fuhrman -
Crye-Leike Commercial
(901) 758-5670
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Southaven Medical Office | 7672-7680 Airways Blvd
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