For Sale $1,275,000
Property Details

For Sale $1,275,000
Offices
Description

690 Towne Center Boulevard, Ridgeland

Offices -

For Sale:

7,000/SF on 1st floor and 300/SF unfinished on 2nd floor.

Over $100,000 was spent upgrading the building in October and November, 2024!

LOTS of new items added and building is in outstanding condition.

Building contains a fire sprinkler system which helps lower insurance cost.

A 64-month modified gross lease was executed with a 25+ year established law firm in January. The lease begins September 1, 2025. 

Tenant pays utilities, janitorial and communication expenses.

List price: $1,275,000

The average cap rate over the lease term is +/- 9%.

Call Hugh Johnson, Broker, today at 601-506-4549 for more information.

Property Features
  • Offices