Free-Standing Merit Health Medical Office Building

Office for Sale
Catylist Listing ID: 30556398
Property Subtypes: Medical, Office Building
Building Size (RSF): 7,725 SF
Gross Building Area: See Agent
Gross Land Area: 0.99 Acres
Sale Price: $2,175,000
Unit Price: $281.55 PSF
Property Use Type: Investment
Class of Space: Class A
Usable Size (USF): 7,725 SF
Sale Terms: Undisclosed
Cap Rate: 8.69%
Last Updated: 5/27/2020

Overview / Comments

Southeast Commercial Real Estate has been retained to exclusively offer FOR SALE, a free-standing 7,523 SF MOB leased to Merit Health, a major healthcare resource for the Jackson Metropolitan Area and Central Mississippi that provides comprehensive medical services at a convenient location. Property is located less than a mile west of the I-55 Intersection (Exit 85) at 7215 Siwell Road with improvements and ample parking situated on an acre of land. Property is in close proximity to retailers, medical and professional office buildings, which makes it an ideal location for a medical service provider. Additionally, the property is just +/-7 miles south of area hospital, Merit Health Central, which, along with other area health providers, offers excellent synergy and referral sources for this well-established Merit Health MOB.

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Additional Details

Nearest MSA: Jackson
County: Hinds
Tax ID/APN: 4851-269-13

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,573 17,263 47,367
Median Age: 31.09 33.23 32.9
Households: 1,310 6,497 16,912
The information presented herein is provided as is, without warranty of any kind. Neither MSCREX nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.