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Building A 1926 First Commercial Dr N 9,750 SF 100% Leased Office Building Southaven, MS 38671 $1,801,073 CAD ($184.73 CAD/SF) 8.50% Cap Rate
EXECUTIVE SUMMARY
Multi Tenant Single Story
Located in Southaven, MS
7 rental units; 100% Occupied
Sale Price: $1,295,745
In place cap rate 8.5%
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
Located in Southaven, MS
7 rental units; 100% Occupied
Sale Price: $1,295,745
In place cap rate 8.5%
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
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,750 SF
Building Class
C
Year Built
1981
Price
$1,801,073 CAD
Price Per SF
$184.73 CAD
Cap Rate
8.50%
NOI
$153,091 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,750 SF
Building FAR
0.25
Lot Size
0.90 AC
Zoning
C-4
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
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Young Actors Guild | Information | - | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 1086231600000401 | Improvements Assessment | $75,287 CAD |
| Land Assessment | $11,879 CAD | Total Assessment | $87,166 CAD |
PROPERTY TAXES
Parcel Number
1086231600000401
Land Assessment
$11,879 CAD
Improvements Assessment
$75,287 CAD
Total Assessment
$87,166 CAD
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Building A | 1926 First Commercial Dr N
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