5440 Executive Place
5440 Executive Place
Jackson, MS 39206
Highlights
- 12-unit commercial/retail property – Fully leased and income-generating
- Strong cash flow – 10% cap rate for solid returns
- No significant deferred maintenance – Well-maintained
- Green space
- Recent upgrades:
- LED lighting installed in 2018 for energy efficiency
- New surveillance system added in 2020 for enhanced security (negotiable)
- Parking lot restriped in 2024 for improved aesthetics and functionality
- Month-to-month leases – Flexibility for rent increases or new lease terms
- Detailed financial records – Transparent investment opportunity
Description
This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with most tenants on a month-to-month lease, providing flexibility for rent adjustments or lease restructuring.
Meticulously maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors. A burglar alarm located in Unit D1 provides wireless smoke detectors for all four upstairs units.
With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset. Contact Kim Bobbitt 601.209.6593
Co-listed with E. David Cox, Broker 601-898-0181, edavidcox@me.com
a commercial property located in the Northbrook neighborhood of Jackson, MS
