Hopper Properties
Dale Dieckman, Hopper PropertiesPhone: (601) 672-3993
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$1,556,000
106 Stribling Drive
Brookhaven, MS 39601
Courtesy of The Real Estate Group
MLS: MLS United
2Baths
4,856Sq Ft
Est. Mortgage
$8,132/mo

This prime commercial real estate asset represents a unique investment opportunity with a compelling financial profile. The property, covering 4,856 square feet on a 1-acre site (Lot 3C), is fully occupied, ensuring immediate and consistent revenue. It boasts an average capitalization rate of 6% over the initial term, underpinned by a 7-year lease agreement with 5 and a half years remaining. The lease includes advantageous 2% annual rent escalations during both the base and option terms, enhancing cash flow potential and providing a hedge against inflation. Strategically located for maximum visibility, the property features a 100 ft Interstate Pylon sign, making it prominently visible from Interstate 55. This high-profile positioning near major commercial entities like Home Depot, a Honda dealership, and Stribling Equipment significantly enhances its value proposition. Constructed in 2015, the asset offers contemporary facilities with minimal maintenance needs, making it an attractive proposition for investors seeking a balance of security and growth potential in the commercial real estate market.

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Information courtesy of The Real Estate Group is subject to verification and is not guaranteed.
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