221 Gay St - Medical FOR SALE


Batesville, MS 38606
$660,000 USD
601-937-1522
221 Gay St, Batesville, MS for Sale
$660,000 USD
Medical - FOR SALE
1/15
null | 8% Cap Rate

221 Gay St
Batesville, MS 38606


HIGHLIGHTS

  • Dental Sale Leaseback with 10-year term upon closing.
  • High traffic, high visibility across the street from several great schools.
  • 8% Cap Rate backed by a corporate guarantee.

OVERVIEW

This outstanding dental sale leaseback opportunity is backed by a 10-year, NNN lease with 2% annual increases, and a corporate guarantee signed by Smilebuilders, LLC at closing. Smilebuilders, LLC is a highly successful multi-location dental service organization based in Mississippi. Situated with prominent highway visibility and positioned directly across Highway 51 from South Panola High School, this opportunity ensures significant traffic and exposure, promising continued success for Smilebuilders, LLC and prospective investors.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C1

APN/PARCEL ID

3182M0002500-0002602

ASK ABOUT THIS PROPERTY

Doug PricePricepointMore Info
601-937-1522

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Doug PricePricepointMore Info
601-937-1522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.