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308 Airport Rd
Jackson, MS 39208

$2,350,000 USD

Office For Sale  •  20,904 SF

Property Details

  • Property Type Office
  • Total Building Size 20,094 SF
  • Lot Size 2.26 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
21 Walk Score

Highlights

Single Credit Tenant - United States Government Lease – Department of Interior - USGS, AAA (Moody’s) Credit Rating
Build-to-Suit Facility in 1995 for the Department of Interior – U.S. Geological Survey
Renewed 2nd Generation 15 Year Lease with 10 Years Firm with an Effective Date of July 1, 2022
Going-In Capitalization Rate of 7.72% with a Pro-Forma Capitalization Rate of 8.02% in Years 6-13

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Jackson (City of New Orleans - Amtrak) 13 min - 9.6 mi
AirportDriveWalkDistance
Jackson-Medgar Wiley Evers International 8 min - 2.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 112
Type: Surface
Included in Rent: Yes
Alex Mobin 949-419-3276 Marcus & Millichap
Alex Mobin 949-419-3276 Marcus & Millichap