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 tenants on month-to-month leases, providing flexibility for rent adjustments or lease restructuring. Carefully 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. 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.
Listed By
Agency Name: JDJ Realty
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
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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5440 Executive Place | MLS# 4160362
This commercial property located at 5440 Executive Place, Jackson, MS 39206 is currently listed for sale with an asking price of $550,000. Search Jackson real estate on www.crye-leike.com today.