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Biomat USA 416 18th Ave 13,724 SF Office Building Meridian, MS 39301 $5,347,564 CAD ($389.65 CAD/SF) 7.25% Cap Rate

Medical Offices Mississippi Meridian 416 18th Ave, Meridian, MS 39301

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INVESTMENT HIGHLIGHTS

  • Recession-Proof Tenant
  • Leading Operator in the Space
  • Emerging & Essential Industry

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Biomat USA located at 416 18th Ave, Meridian, MS 39301. The site consists of roughly 13,724 rentable square feet of building space on an estimated 1.28-acre parcel of land. The current annual rent is $277,737 and has scheduled increases of 2.00% annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
13,724 SF
Building Class
C
Year Built
1955
Price
$5,347,564 CAD
Price Per SF
$389.65 CAD
Cap Rate
7.25%
NOI
$387,699 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,724 SF
Building FAR
0.25
Lot Size
1.28 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

  • Signage
  • Monument Signage
1 1
416 18th Ave, Meridian, MS - AERIAL map view

PROPERTY TAXES

Parcel Number 084-18-1-3486-010-00100 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $328,537 CAD

PROPERTY TAXES

Parcel Number
084-18-1-3486-010-00100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$328,537 CAD
(332) 345-4222

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Glen Kunofsky
    Glen Kunofsky
  • Kyle Karsian
    Kyle Karsian
  • Andrew Darby
    Andrew Darby

  • Listing ID: 36247768

  • Date on Market: 2025-06-13

  • Last Updated:

  • Address: 416 18th Ave, Meridian, MS 39301

The Office Property at 416 18th Ave, Meridian, MS 39301 is currently available for Sale. Contact Surmount for more information.

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416 18th Ave, Meridian, MS for sale Building Photo- Image 1 of 3
Biomat USA - 416 18th Avenue, Meridian, MS Main
416 18th Ave, Meridian, MS for sale Aerial- Image 2 of 3
Biomat USA - 416 18th Avenue, Meridian, MS Aerial
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Biomat USA | 416 18th Ave
(332) 345-4222 x

Biomat USA | 416 18th Ave

Glen Kunofsky
(332) 345-4222

Kyle Karsian
(332) 345-4271

Andrew Darby
(332) 345-7299

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