Medical Clinic and Surgery Center | For Sale | Oxford, MS | 7.7% CAP Rate | NNN Lease

Property Description

Marketing Package

Randall Commercial Group, LLC is proud to offer this medical office building investment property leased to Rayner Eye Clinic & Surgery Center who has been serving patients at this location for a very long time. The initial term is 7 years on a NNN lease with approximately 3 years remaining and 2% annual rent increases. The initial term is personally guaranteed by the physician. At a 7.7% cap rate, this investment provides a unique opportunity for a buyer looking for higher returns in one of the hottest markets in Mississippi. The property is located in the heart of Oxford’s medical district and near the brand new Baptist Memorial Hospital-North Mississippi campus.

  • NNN Lease
  • Personal Guarantee
  • Annual 2% Rent Increases
  • Medical Clinic and Surgery Center
  • Located in the heart of Oxford’s Medical District

General Info

Category: For Sale

Type: Investment, Office

Price: $3,012,000

Address: 1308 Belk Drive, Oxford, MS 38655

Listing Page: Click to View Loopnet Listing Page

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