1706 Cypress Avenue Greenwood, Mississippi 1706 Cypress Ave 70,000 SF Industrial Building Greenwood, MS 38930 $10,534,123 CAD ($150.49 CAD/SF) 9% Cap Rate

1706 Cypress Avenue offers investors the opportunity to acquire a stabilized industrial asset leased to a nationally recognized infrastructure contractor operating within one of the fastest-growing segments of North American industrial development. The combination of modern construction, a mission-critical manufacturing operation, long-term contractual income, and a NNN lease structure creates a compelling investment profile. The 70,000-square-foot facility was developed to support fabrication and manufacturing operations. It features an overhead crane system, oversized drive-through door, 14 dock-high doors, generous truck court, and expansion capability, providing a highly functional industrial asset for long-term occupancy. The lease structure provides investors with durable, predictable cash flow while minimizing landlord management responsibilities and operating expense exposure.
About the Tenant:
NPL Construction is one of North America's leading utility infrastructure contractors, specializing in the construction, maintenance, and modernization of natural gas distribution systems, pipeline transmission infrastructure, and related utility assets. This manufacturing operation plays an important role in supplying projects throughout NPL's regional utility network, making the Greenwood facility a strategically important operating location.
NPL Construction is a wholly owned operating company of Centuri Group, Inc., one of North America's premier utility infrastructure service providers headquartered in Phoenix, Arizona. With more than 115 years of operating history, Centuri provides comprehensive infrastructure solutions for electric, natural gas, renewable energy, and utility customers throughout the United States and Canada. The company's long operating history, extensive customer relationships, and essential service offerings position NPL as a highly desirable industrial tenant operating within an industry supported by long-term infrastructure investment trends.