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