Downtown Office Building

Office for Sale
Catylist Listing ID: 29828704
Property Subtypes: Medical, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 3,988 SF
Sale Price: $225,000
Unit Price: $56.42 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Southgroup Insurance Agency
Sale Terms: Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 5/2/2020

Overview / Comments

Great office building with high visibility and ample parking, reception and waiting area, 7 private offices, 3 restrooms, open office space, conference room, file rooms, and lots of storage.

Current Tenants

Tenant Business Name Southgroup
Industry Type Finance and Insurance
Is Renting? Yes
Tenant Notes Office building leased to Southgroup with option to renew. If purchased during lease, tenant is given 180 days notice to terminate lease. Copy of lease may be provided to serious prospect.

Additional Details

Nearest MSA: Greenwood
County: Leflore
Taxing Authority: Leflore County
Tax ID/APN: 08510040701100
Market Type: Medium
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Transportation: Other
Total Number of Buildings: 1
Number of Stories: 2
Air Conditioning: Engineered System
Internet Access: ISDN
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,090 20,138 23,683
Median Age: 33.29 34.3 34.65
Households: 3,650 7,786 8,727


Photograph of Listing Agent

Pam Powers

Powers Properties Oxford, MS 38655
MCAR Member
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