Manufacturing Plant - Lexington, MS Home / Manufacturing Plant – Lexington, MS

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

$ 4,900,000

DESCRIPTION

PRIME ABSOLUTE NNN INDUSTRIAL INVESTMENT!! Just North of Jackson, MS and just West of I-55. This property is currently 100% occupied by a quality / credible tenant with 9.5 years remaining on the initial 10 year lease term. The tenant operates in a stable and nonfluctuating industry and this provides tenant security for investors. Major capital improvements done in 2017 include all new Raynor roll up doors, complete office renovation (including all new vct tile, ceiling tile, HVAC, paint etc..), new city sewer pump as well as certification and a fresh service of the onsite fire protection pump, epoxy floor coatings, interior separation walls as well as new warehouse offices in the manufacturing area, complete replacement of all metal roof screws, installation of crane footings, and the installation of an environmental detention system. The main building is approximately 160' x 525' and is entirely free span. There is also an additional 80' x 220' manufacturing area that is also entirely free span.

Built in 1997 for the construction of modular homes, this facility has been exquisitely maintained. The numerous roll up doors and free span allow for optimum plant utilization and, with the majority of the 20.75 acres being hard surface asphalt, concrete, and stabilized rock, the property is utilizable to maximum efficiency by the tenant. With 9.5 years remaining on the lease, now is the time to invest to watch your money grow safely and at above average returns for this low risk of an investment! An additional 9.5 acres adjoining this property can be purchased as well for future plant expansions. Call one of our experts today to see how this investment could become part of your portfolio!
Located within:

40 Miles = Nissan Motor Corporation (Canton, MS)
60 Miles = Jackson, MS
30 Miles = Greenwood, MS
35 Miles = Yazoo City, MS
250 Miles or less: Little Rock, AR; Birmingham, AL; New Orleans, LA.

General Features

  • Water
  • Electricity
  • Natural Gas
  • Waterfront

Services
Cable
DSL
Satellite
Telephone

Terrain
Level

Adjacent Owner
Unknown

Land Type
Commercial

Trees
Light

Road Frontage
County

Road Surface
Blacktop/Asphalt

 

Contact Agent

Amy Barrett, CCIM
Amy Barrett, CCIM

Amy Barrett, CCIM is a principle of Paramount Property Group, PLLC specializing in commercial real estate throughout the state of Mississippi. Mississippi services include sales, leasing, and portfolio management of NNN investment sales, large tracts of land, and retail development. Paramount Property Group, PLLC office is located in Philadelphia, Mississippi.

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