Building Details:
• Year Built: 1986
127 Interstate Dr is an industrial property located in Richland, MS. The property currently has 1 industrial space for lease and is marketed by .
Industrial Investment Property - +/-65,000 sf Warehouse/Distribution/Office Building on 5 acre parcel. +/-57,000 sf warehouse space, +/-8,000 sf office space with multiple private offices, conference & training rooms, open cubicle space, two sets of restrooms, break room and customer reception area.
Building improvements include: New fire suppression sprinkler system added 2016, new 250KV Generac Power Systems Diesel Generator added for backup emergency power, entire roof replaced 2016, fire suppression system added to data room, access control security system added to all doors, office space renovation and expansion.
Property is NNN leased to a national company (First Choice Medical owned by New Mountain Capital), current tenant has occupied the space for 10 years with 5 years remaining on the lease (2/2022) and renewal options in place.
Cap Rate at offering price is 9%, making this property a great investment.
- Available Spaces
Suite | Space Type | Pricing | Size |
---|---|---|---|
127 Industrial Drive | Industrial Space | For lease: $0.42/sqft | 65,000 sqft |
Offered For Lease: Industrial Warehouse/Distribution/Office Building consisting of +/-65,040sf, situated on a +/-5.78 acre parcel. The warehouse... show more » View Details
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