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SRS Distribution 1350 Highway 80 W 42,462 SF Industrial Building Jackson, MS 39204 $2,873,130 CAD ($67.66 CAD/SF) 9% Cap Rate
Executive Summary
STRONG CORPORATE GUARANTEE / INVESTMENT GRADE PARENT COMPANY: SRS Distribution is the fastest growing distributor of building products in the United States with over 800 locations nationwide & an annual revenue of ± $10B. In June 2024, The Home Depot (NYSE: HD) completed the acquisition of SRS Distribution for $18.25B. Home Depot is an investment grade tenant (S&P: “A”). In September 2025, Home Depot further expanded through its specialty distribution subsidiary, SRS Distribution Inc., acquiring GMS Inc. for $5.5 billion. Post GMS Inc. acquisition, SRS Distribution will operate a network of 1,200+ locations nationwide with an estimated enterprise value exceeding $23 billion.
NEWLY EXECUTED LEASE EXTENSION / ANNUAL RENT INCREASES: SRS Distribution has operated out of this facility since 2013 (13-year operating history) and just executed another 2-year renewal. The subject lease is structured with 2% annual rent increases and additional options to renew at Fair Market Value, providing an investor with a strong hedge against inflation.
FUNCTIONAL LOW-COVERAGE IOS INDUSTRIAL FACILITY: This highly functional ±42,462 sq. ft. facility features seven (7) dock-high doors with ramp access, 22’ clear height, and a covered open-sided storage shed. The subject property is positioned on ±4.77 acres of land (20.43% Building/Lot Coverage), allowing for significant Industrial Outdoor Storage (IOS) capabilities – one of the most sought-after asset classes in today’s market.
MULTIMODAL TRANSPORTATION / ACCESS TO CLASS I RAIL & INTERNATIONAL AIR: The property is strategically located along Highway 80 W with immediate access to I-20 and I-220, providing efficient connectivity throughout Mississippi and the greater Southeast, including Texas, Tennessee, Louisiana, and Atlanta. The site also benefits from close proximity to Jackson–Medgar Wiley Evers International Airport and Class I rail service, offering one of the most cost-effective freight transportation methods in the U.S
NEWLY EXECUTED LEASE EXTENSION / ANNUAL RENT INCREASES: SRS Distribution has operated out of this facility since 2013 (13-year operating history) and just executed another 2-year renewal. The subject lease is structured with 2% annual rent increases and additional options to renew at Fair Market Value, providing an investor with a strong hedge against inflation.
FUNCTIONAL LOW-COVERAGE IOS INDUSTRIAL FACILITY: This highly functional ±42,462 sq. ft. facility features seven (7) dock-high doors with ramp access, 22’ clear height, and a covered open-sided storage shed. The subject property is positioned on ±4.77 acres of land (20.43% Building/Lot Coverage), allowing for significant Industrial Outdoor Storage (IOS) capabilities – one of the most sought-after asset classes in today’s market.
MULTIMODAL TRANSPORTATION / ACCESS TO CLASS I RAIL & INTERNATIONAL AIR: The property is strategically located along Highway 80 W with immediate access to I-20 and I-220, providing efficient connectivity throughout Mississippi and the greater Southeast, including Texas, Tennessee, Louisiana, and Atlanta. The site also benefits from close proximity to Jackson–Medgar Wiley Evers International Airport and Class I rail service, offering one of the most cost-effective freight transportation methods in the U.S
Property Facts
| Price | $2,873,130 CAD | No. Stories | 1 |
| Price Per SF | $67.66 CAD | Year Built/Renovated | 1966/2021 |
| Sale Type | Investment | Tenancy | Single |
| Cap Rate | 9% | Parking Ratio | 1.81/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 7 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 4.77 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 42,462 SF | ||
| Zoning | I-2 | ||
| Price | $2,873,130 CAD |
| Price Per SF | $67.66 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.77 AC |
| Rentable Building Area | 42,462 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1966/2021 |
| Tenancy | Single |
| Parking Ratio | 1.81/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | I-2 |
Amenities
- Fenced Lot
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0167-0015-000 | Improvements Assessment | $34,825 CAD |
| Land Assessment | $62,631 CAD | Total Assessment | $97,456 CAD |
Property Taxes
Parcel Number
0167-0015-000
Land Assessment
$62,631 CAD
Improvements Assessment
$34,825 CAD
Total Assessment
$97,456 CAD
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SRS Distribution | 1350 Highway 80 W
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