Jackson MS Records Center

50 Northtown Drive Jackson, MS 39211

50 Northtown Drive, Jackson, MS, 39211
50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211 50 Northtown Drive, Jackson, MS, 39211
FOR SALE
Property Type:
Warehouse
Amount:
$4,850,000
Last Verified:
Nov 25, 2024

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Highlights

  • Both properties are currently leased under a 7-year triple net lease agreement (NNN) which was renewed in February of 2024.
  • Vital Records Control (VRC), the long term tenant occupying both facilities, is a leading provider of enterprise content management solutions.

Description

Industrial Warehouse Listing in Prime Location

Welcome to 48 & 50 Northtown Drive, Jackson, MS 39211. Situated in a favorable northeast Jackson area, these two high bay warehouses offer a combined total of 43,800 square feet and home to a major records center for the past 12 years.

Property Features:

Building #1 - 48 Northtown Drive: Built in 2004, this building contains 18,800 square feet. The 40-foot clear height represents approximately 750,000 cubic feet of storage space and was designed specifically for it's current use as a Information Management Warehouse.

Building #2 - 50 Northtown Drive: Constructed in 2008, this expansive climate controlled warehouse comprises 25,000 square feet of with 40' clear height ceiling and approximately 1,000,000 cubic feet of storable space.

Tenant Profile:
Vital Records Control (VRC), the long term tenant occupying both facilities, is a leading provider of enterprise content management solutions. VRC has been in the information management business for 35 years, serves in excess of 35,000 clients with over 130 locations nationwide. With a commitment to preserving and protecting critical data, VRC offers comprehensive services including document storage, shredding, imaging, digital solutions, data storage, and more. Catering to a diverse clientele ranging from healthcare institutions to legal firms, VRC ensures compliance, security, and accessibility of sensitive information, making them an invaluable asset in today's data-driven landscape.

Lease Details:
Both properties are currently leased under a 7-year triple net lease agreement (NNN) which was renewed in February of 2024 with annual escalations. Demonstrating VRC's long-term commitment to these facilities, VRC has occupied the two warehouses since 2012. This stable tenant offers a lucrative opportunity for prospective buyers seeking consistent rental income.

Additional Amenities:
Metal roof. Insulated sandwich panel walls. Climate Controlled. Generator.

Strategically positioned in Jackson, MS, these two warehouses benefit from easy access to major transportation routes, ensuring connectivity to I-55 and regional markets.
This is a well located property and exceptional investment opportunity! Schedule a viewing today of these premium industrial properties.


Year Built: 2008
Building Size: 43800sq ft
Lot Size: 1.99 acres


Documents

Brochure (L)
Offering Memorandum (L)

Map of 50 Northtown Drive, Jackson, MS, 39211

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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."

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