141 Gateway Drive, Brandon, MS 39042
Commercial property for sale
141 Gateway Drive, Brandon, MS 39042
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- Description
- Location: 141 Gateway Drive, Brandon, MS 39042 Building: 6,671 RSF; 5,000 SF +/- Originally Built in 1995 with a 1,671 SF addition constructed in 2007 Site: 28,837 +/- SF Concrete Parking with 29 Spaces Asking Price: $899,000 Under $135/SF Lease Term: 10 Year Lease commenced on August 1, 2007 (Tenant since 2002) In-Place NOI: $73,230 (Based on August 1, 2012 Rent Increase) CAP Rate: 8.15% Tenant: Fresenius Medical Care (NYSE: FMS) S&P Rated BB+ . Largest US Provider of Dialysis Services and Products, with over 2,700 clinic locations worldwide Rental Rate: $12.50/SF (Increases to $13.13/SF on 8-1-12), Tenant is Responsible for Increase in Taxes & Insurance over 2002 Base Year. 2011 Overage: $ 7,985.36 (Billed and Received) Building price details: $899,000.
- Property Details
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Property Type: Office Use Types: Medical Status: Available Price: $ 135 +/SF MSA: Jackson Buildings: 1 Terms: Cash to Seller Added: 08/08/2012 Last Update: 01/08/2013 - Contact info
- 601-981-6800 [Office]
- Note
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