$475,000
West Point, MS 39773
MLS# 25-1172
3500 sqft
1 / 11
Property Description
Excellent diversified investment opportunity. This three-unit commercial building is leased to three long-term tenants which include Little Caesar's Pizza, Cricket Wireless, and an insurance tenant. Total monthly rent of $3,800, or $45,600 per year. Cricket and Little Caesar's are on double net leases, responsible for their pro-rata share of taxes and maintenance. All tenants have multiple renewal options remaining and cover their own maintenance including hvac replacement/repair. Landlord covers insurance. Dynamic high traffic corner location in the heart of the Hwy 45 Alt commercial corridor. 23,000 cars per day benefit this established location, at the NE corner of Hwy 45 Alt and W Broad St, at a signalized intersection.
Details
Documents
Contract Information
Current Price: $475,000
Begin Date: 2025-05-31
Status: Active
List Price: $475,000
General Property Description
Total SqFt.: 3500
Lot Dimensions: 0.56 acres
Building Size: 3500
Lot Acres: 0.56
Location Tax and Other Information
Area: 09 - Clay County Area
House Number: 6864
Street Name: Hwy 45 S
State/Province: MS
Postal Code: 39773
County: Clay
Taxes: 5737.04
Tax Year: 2024
Subdivision: None
Parcel Number: 082D115B 0160000
Property Features
Water: Public
Heat: Central
Air: Central Air
Supplements
Across the street from McDonald's, The First Bank, CVS, China Buffet, and Jack's.
Annual Taxes: $5,737.04 (Per lease, the majority of taxes are paid by tenant.)
Annual Insurance: Estimated at $4,000
Sale Flyer 
Listing Office: FARMER COMMERCIAL PROPERTIES
Last Updated: June - 06 - 2025
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