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Building A 1926 First Commercial Dr N 9,750 SF 100% Leased Office Building Southaven, MS 38671 $1,668,673 CAD ($171.15 CAD/SF) 9.01% Cap Rate

Office Spaces Mississippi Southaven 1926 First Commercial Dr N, Southaven, MS 38671

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Executive Summary

Multi Tenant Single Story
Located in Southaven, MS
7 rental units; 100% Occupied
Sale Price: $1,223,000
In place cap rate 9%
New roof installed in 2025
Located less than 5 minutes from I-55 and I-69 interchange
Close proximity to Memphis International Airport
Ideal for investment

Attachments

1926 First Commercial Dr

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
9,750 SF
Building Class
C
Year Built
1981
Price
$1,668,673 CAD
Price Per SF
$171.15 CAD
Cap Rate
9.01%
NOI
$150,273 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,750 SF
Building FAR
0.24
Lot Size
0.94 AC
Zoning
C-4 - Planned Commercial District
Parking
20 Spaces (2.05 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Young Actors Guild
  • Information
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Young Actors Guild Information - - Lorem Ipsum Jan 0000
1 1

Property Taxes

Parcel Number 1086231600000401 Improvements Assessment $74,354 CAD
Land Assessment $11,732 CAD Total Assessment $86,086 CAD

Property Taxes

Parcel Number
1086231600000401
Land Assessment
$11,732 CAD
Improvements Assessment
$74,354 CAD
Total Assessment
$86,086 CAD
(901) 830-0421

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 37110329

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 1926 First Commercial Dr N, Southaven, MS 38671

The Office Property at 1926 First Commercial Dr N, Southaven, MS 38671 is currently available for Sale. Contact NAI Saig Company for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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Building A | 1926 First Commercial Dr N
(901) 830-0421 x

Building A | 1926 First Commercial Dr N

Brian Califf
(901) 830-0421

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