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544 S Main St

52,132 SF 29% Leased Office Building Greenville, MS 38701 $4,677,486 CAD ($90 CAD/SF) 6.55% Cap Rate

Executive Summary

Way below replacement cost building with national tenant! Over $24,000 per month gross rental income with only 30% occupancy! a college tenant prepaid rent for the next two years!!
The current tenants are Region banks, Tugaloo College, 4 different law offices and a portion leased to a restaurant.
Lots upside potential for this building!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
52,132 SF
Building Class
C
Year Built
1980
Price
$4,677,486 CAD
Price Per SF
$90 CAD
Cap Rate
6.55%
NOI
$306,163 CAD
Percent Leased
29%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,377 SF
Building FAR
0.94
Land Acres
1.27 AC
Opportunity Zone
Yes
Parking
20 Spaces (0.38 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10148200000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$199,273 CAD
  • Listing ID: 32261261

  • Date on Market: 2024-06-26

  • Last Updated:

  • Address: 544 S Main St, Greenville, MS 38701

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