SQUARE FEET21,025
MLS#167823
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONOther
NEIGHBORHOODSouth
Property Description
Cannon Cleary McGraw is proud to offer an exceptional investment opportunity located in the heart of the Oxford, MS medical district.? Offered at an asking price of $4,100,000, this asset features an approximately 8% cap rate on current NOI of $330,000.? The property consists of 21,025 square feet of building space situated on 2.51 acres ? Lot 1 of the 2889 South Lamar Commercial Subdivision.? The property is 100% occupied by a diverse mix of medical, professional, and service tenants, generating immediate and stable cash flow with significant land available for future development.?
Property Features
Property Type: Commercial - Business
Cooling: Other
Heating: Other
Lot Size: 2.51 Acres
Roof Type: Other
Year Built: 1985
Feature Descriptions
Cooling Y/N: Yes
Days on Site: 2
Exterior: Other
Foundation: Other
Heating Y/N: Yes
Parking: Parking Lot
Parking Total: 60
Sewer: Other
SQFT Building Total: 21025
Water: Other
Listed By / Shown By
Listed By
Agency Name: Cannon Cleary McGraw
Agency Contact: 6623711000, cathy.ccmoxford@gmail.com
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: North Central Mississippi MLS
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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2885 South Lamar Blvd. | MLS# 167823
This commercial property located at 2885 South Lamar Blvd., Oxford, MS 38655 is currently listed for sale with an asking price of $4,100,000. Search South real estate on www.clhomes.com today.