6920 Oak Forest Dr - Office FOR SALE


Olive Branch, MS 38654
$820,000 USD
901-262-2055
6920 Oak Forest Dr, Olive Branch, MS for Sale
$820,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

6920 Oak Forest Dr
Olive Branch, MS 38654


OVERVIEW

CRYE-LEIKE COMMERCIAL proudly presents an exceptional opportunity to acquire a well-maintained, two-story office building in the rapidly growing city of Olive Branch, Mississippi. This versatile property is ideal for a user-buyer seeking to benefit from the cash-flow potential of existing lease income, while enjoying the flexibility and prestige of ownership. Situated in the heart of Olive Branch, the building features a grand, two-story common entry with an impressive central staircase, providing a welcoming and professional atmosphere for both clients and employees. The first floor offers a spacious, open reception area, along with multiple private offices, synergy spaces, three restrooms, and a break room, all enhanced by abundant natural light. On the second floor, there are seven large offices, two additional restrooms, and another break room, offering plenty of space for productive work. Adding to its appeal, the property includes a rare on-site 12x20 exterior storage building, ideal for storing equipment or files. The building is located just east of the busy Craft Road/Goodman Road intersection, providing easy access to surrounding retail, dining, and business amenities, all within a highly walkable area. This office building is strategically positioned in Olive Branch, which is part of Desoto County, one of the fastest-growing regions in Mississippi. The area has become a hub for business development, attracting major industries due to its proximity to Memphis, Tennessee, and its excellent infrastructure. North Mississippi, particularly Olive Branch, has seen tremendous growth over the past decade, driven by significant investments in transportation, schools, and commercial development. With its low taxes, business-friendly environment, and high quality of life, Desoto County is increasingly becoming a prime destination for businesses and residents alike. Olive Branch's thriving local economy, coupled with its strategic location, ensures steady foot traffic, rising property values, and ample business opportunities. As a key player in this rapidly expanding market, Olive Branch is well-positioned for continued growth, making this office building an excellent long-term investment.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

6920 Oak Forest Drive Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

Office

APN/PARCEL ID

1069320500000600

ASK ABOUT THIS PROPERTY

Eric FuhrmanCrye-Leike CommercialMore Info
901-262-2055

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

Eric FuhrmanCrye-Leike CommercialMore Info
901-262-2055

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