4 Professional Parkway, Ridgeland, MS, 39211

4 Professional Parkway Ridgeland, MS 39211

4 Professional Parkway, Ridgeland, MS, 39211
4 Professional Parkway, Ridgeland, MS, 39211 4 Professional Parkway, Ridgeland, MS, 39211 4 Professional Parkway, Ridgeland, MS, 39211 4 Professional Parkway, Ridgeland, MS, 39211
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$325,000
Last Verified:
Feb 28, 2024

Highlights

  • New five year lease with national credit tenant
  • Centrally located in growing city of Ridgeland
  • Well built brick property renovated in 2019
  • Easy access to busy Lake Harbour Drive
  • Ample parking and signage available

Description

The purchase of this property represents an opportunity to acquire a stabilized small investment property with an in-place national credit tenant with a newly signed five year lease. Renovated in 2019, the property features two units with multiple offices on each side. This opportunity would be perfect for small investors wishing to begin investing in commercial real estate or experienced investors seeking a stabilized asset in a great location in the growing city of Ridgeland.

Centrally located at the intersection of Lake Harbour Drive and Pear Orchard Road, this property is located along a quickly growing corridor with increasing traffic counts and easy access to dining, retail, and the entire Jackson metropolitan area. The location offers quick access to Ridgeland's newest east/west connector providing direct access between Rankin County and Highland Colony Parkway.

Building Size: 2405sq ft
Building Class: B
Lot Size: 0 acres

Map of 4 Professional Parkway, Ridgeland, MS, 39211

Presented by:
Overby Commercial

Request additional information
Sterling McCool


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.