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5440 Executive Pl 7,739 SF 100% Leased Office Building Jackson, MS 39206 $946,623 CAD ($122.32 CAD/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate.
- The property is fully leased with most tenants on a month-to-month lease, providing flexibility for rent adjustments or lease restructuring.
EXECUTIVE SUMMARY
This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with most tenants on a month-to-month lease, providing flexibility for rent adjustments or lease restructuring.
Meticulously maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors. A burglar alarm located in Unit D1 provides wireless smoke detectors for all four upstairs units.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.
Meticulously maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors. A burglar alarm located in Unit D1 provides wireless smoke detectors for all four upstairs units.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,739 SF
Building Class
B
Year Built
1982
Price
$946,623 CAD
Price Per SF
$122.32 CAD
Cap Rate
10%
NOI
$94,662 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,870 SF
Slab To Slab
9’
Building FAR
0.38
Lot Size
0.46 AC
Zoning
C-2 - Commercial
Parking
25 Spaces (3.23 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 0504-0812-000 | Improvements Assessment | $33,091 CAD |
| Land Assessment | $13,497 CAD | Total Assessment | $46,588 CAD |
PROPERTY TAXES
Parcel Number
0504-0812-000
Land Assessment
$13,497 CAD
Improvements Assessment
$33,091 CAD
Total Assessment
$46,588 CAD
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5440 Executive Pl
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