Cannon Cleary McGraw is proud to offer an exceptional investment opportunity located in the heart of the Oxford, MS medical district.? Offered at an asking price of $4,100,000, this asset features an approximately 8% cap rate on current NOI of $330,000.? The property consists of 21,025 square feet of building space situated on 2.51 acres — Lot 1 of the 2889 South Lamar Commercial Subdivision.? The property is 100% occupied by a diverse mix of medical, professional, and service tenants, generating immediate and stable cash flow with significant land available for future development.?
According to the data feed provided by North Central Mississippi Realtors, the property at 2885 South Lamar Blvd., Oxford, MS38655 is currently listed for sale on the Oxford MS MLS. It is MLS number 167823. This property is approximately 21025 square feet, and was built in 1985. 2885 South Lamar Blvd., Oxford, MS38655 is located in the Other subdivision. Its exterior is primarily Other, with a Other roof. It features a Other water heater. It has been on OxfordMSHomes.net for 38 days and it is currently listed at $4,100,000.
Listing information provided courtesy of: Cannon Cleary McGraw. Data obtained through North Central Mississippi Realtors.
This information is considered reliable but its accuracy is not guaranteed and should be independently verified by any interested party and may not be relied upon as presented. This information may not be used for any purpose other than identifying properties generally that any prospective purchaser may be interested in purchasing.
