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Batesville Dentistry 310 Highway 51 S

5,000 SF Office Building Batesville, MS 38606 $2,531,196 CAD ($506 CAD/SF) 7% Cap Rate

Medical Offices Mississippi Batesville 310 Highway 51 S, Batesville, MS 38606

Investment Highlights

  • Long-Term, Absolute NNN Healthcare Investment Opportunity
  • 2% Annual Increases and 25 Years of Renewal Options
  • Two experienced providers with seven additional staff members
  • Close proximity to Panola Medical Center and complementary medical facilities

Executive Summary

Randall Commercial Group, LLC is pleased to present this medical sale leaseback opportunity in Batesville, MS. The tenant will sign a 10-year, absolute NNN lease at closing with 2% annual increases. The property is located near other essential medical offices such as Endurance Physical Therapy, RedMed Urgent Care, and the Panola Medical Center, as well as the Batesville Country Club. Batesville Dentistry's location provides excellent visibility and high traffic on Highway 51 which intersects Highway 6 at the center of Batesville. Batesville Dentistry is led by Dr. Thomas Hodge, DMD, offering general, restorative and cosmetic dentistry services to patients of all ages.

Attachments

936.22 -- Batesville Dentistry Offering Memorandum

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1995
Price
$2,531,196 CAD
Price Per SF
$506 CAD
Cap Rate
7%
NOI
$177,184 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.25
Land Acres
0.46 AC

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Thomas Hodge DMD
  • Health Care and Social Assistance
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Thomas Hodge DMD Health Care and Social Assistance - - -
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PROPERTY TAXES

Parcel Number 3185D0004600-0008000 Improvements Assessment $79,313 CAD
Land Assessment $4,108 CAD Total Assessment $83,420 CAD

PROPERTY TAXES

Parcel Number
3185D0004600-0008000
Land Assessment
$4,108 CAD
Improvements Assessment
$79,313 CAD
Total Assessment
$83,420 CAD
(662) 234-4044

  • Listing ID: 26413832

  • Date on Market: 2022-08-16

  • Last Updated:

  • Address: 310 Highway 51 S, Batesville, MS 38606

The Office Property at 310 Highway 51 S, Batesville, MS 38606 is currently available For Sale. Contact Randall Commercial Group, LLC for more information.

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Batesville Dentistry | 310 Highway 51 S
(662) 234-4044 x

Batesville Dentistry | 310 Highway 51 S

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Elizabeth Randall

(662) 234-4044

(662) 234-4044

Port Campany

(662) 234-4044

(662) 234-4044

Hunter Sayle

(662) 638-0727

(662) 638-0727

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