USDA Service Center
1395 Johnny Johnson Dr
Brookhaven, MS 39601
Highlights
- RECENT 5-YEAR LEASE EXTENSION - A new lease extension has been executed, securing the property through December 31, 2029, reflecting the tenant’s ongoing dedication to the site.
- SUBSTANTIAL 21% RENTAL INCREASE - The lease extension includes a significant 21% increase in rental income, offering investors enhanced returns and a hedge against inflation.
- 25-YEAR OPERATING HISTORY - The USDA Service Center has been a cornerstone of the Brookhaven community for 25 years, showcasing the tenant’s long-term commitment to this location.
- EXCELLENT LOCATION - Located right off Interstate 55 surrounded by several major national and local tenants including Walmart, Home Depot, Dollar General, Sears, Harbor Freight, AutoZone, O'Reilly's Auto Parts, Domino's Pizza, Taco Bell, Sonic, McDonald's, Burger King and many more. Situated near 5 dealerships, 4 schools and Brookhaven Health Wellness Center.
- HIGH VISIBILITY WITH STRONG TRAFFIC COUNTS - Existing intersection has excellent visibility with upwards of 24,000 Vehicles Per Day on Brookway Blvd, 14,000 from Highway 51 North and 3,300 Vehicles Per Day from Interstate 55.
- STRONG CREDIT TENANT - UNITED STATES GOVERNMENT - The property is leased to the United States Government, providing unmatched financial stability and security for investors.
- ESSENTIAL GOVERNMENT SERVICES - The USDA Service Center provides vital agricultural services, ensuring consistent usage and long-term demand for the facility.
Description
Prime Net Lease is pleased to present this 11,248 SF United States Department of Agriculture (USDA) Service Center located in Brookhaven, Mississippi. USDA Service Centers are designed to be a single location where customers can access the services provided by the Farm Service Agency, Natural Resources Conservation Service, and the Rural Development agencies. The subject property is encumbered with a brand new 5-year Gross lease. The property has successfully operated as a USDA Service Center for over 25 years, exercising multiple options and most recently a 5-year renewal with a strong $43,392 (21%) rental increase showing it's continued long term commitment to the site and willingness to invest in the area.
This USDA Service Center is highly visible as it is strategically positioned in Brookhaven, Mississippi. Brookhaven is the county seat of Lincoln County, Mississippi, United States, 55 miles south of the state capital of Jackson. Lincoln County comprises the Brookhaven, MS Micropolitan Statistical Area, which is included in the Jackson-Vicksburg-Brookhaven Combined Statistical Area. The county is southwest of the state capital of Jackson. Lincoln County is a great area for industries seeking reasonably priced land, reliable energy resources, great transportation infrastructure, an experienced labor force, high quality of life and modest cost of living. Lincoln County provides ample outdoor opportunities for all adventurers. Brookhaven has a 5-mile population count of 16,854 and an average household income of $58,867. The Brookway Plaza Shopping Center, the Lincoln Plaza Shopping Center, the Village Square Shopping Center and the Westbrook Mart Shopping Center are located in the city. Each year, the city hosts several festivals like the Exchange Club Fair and the Ole Brook Festival.
The subject offering represents an ideal opportunity for a 1031 exchange buyer to attain the fee simple ownership of a USDA Service Center. This investment will offer a new owner continued success due to the financial strength and the proven profitability of a U.S. Government tenant.
Strategic Location
Brookhaven, Mississippi, is a thriving city located in Lincoln County, strategically positioned along Interstate 55, a major transportation corridor connecting Jackson, MS, and New Orleans, LA. This prime location makes Brookhaven easily accessible and a key stop for travelers and commerce, enhancing its appeal for businesses and residents alike.
Economic Hub
Known as the "Homeseeker’s Paradise," Brookhaven serves as a regional hub for healthcare, education, retail, and government services. Its diverse economic base is supported by thriving industries such as agriculture, manufacturing, and forestry, all of which play vital roles in the local and regional economy. The USDA Service Center in Brookhaven underscores the city’s importance in supporting agricultural operations, which are a cornerstone of the area’s economic activity.
Growing Community
With a population of approximately 11,500 residents and a surrounding area that draws visitors from neighboring towns, Brookhaven continues to experience steady growth. Its vibrant downtown, lined with historic buildings and local businesses, attracts both residents and tourists, contributing to the city’s economic vitality.
Retail and Services
Brookhaven offers a variety of retail options, including national chains and locally owned establishments, meeting the needs of its growing population. Major retailers such as Walmart, Lowe’s, and Walgreens ensure a steady flow of consumer traffic, while the city’s proximity to larger metropolitan areas allows for additional economic opportunities.
Education and Healthcare
The city is home to excellent schools and colleges, such as Copiah-Lincoln Community College, providing educational opportunities for residents and supporting a skilled local workforce. Additionally, healthcare facilities like King’s Daughters Medical Center ensure that the community has access to high-quality care, making Brookhaven an attractive place for families to live and work.
Traffic and Accessibility
Brookhaven benefits from significant traffic flow along Interstate 55 and U.S. Highway 84, bringing consistent exposure to local businesses and services. This accessibility makes the city an ideal location for government service centers and other essential facilities that cater to both the local and regional populations.
Investment Potential
Brookhaven’s combination of strategic location, economic diversity, and steady population growth makes it an appealing destination for investment. Properties like the USDA Service Center capitalize on the city’s strong fundamentals, offering long-term stability in a market supported by a growing demand for agricultural and government services.