Lincoln 1040 Biglane Drive- This one-of-a-kind medical clinic is located in the heart of Brookhaven, Mississippi's medical community. The current use of this 5,000 sq. ft. spacious well-constructed clinic is for internal medicine. The current internist has been giving and still giving the citizens of Brookhaven and Southwest Mississippi the best in primary care for over 42 years. The clinic is set up and specializes in diagnosing and treating adults for complex illnesses and issues. The clinic and its staff serve on the frontline of defense when a patient is sick and are trained to care for patients with multiple diseases or chronic illnesses. This clinic was built in 1980 by a well-respected firm that specializes in medical facilities. In addition, the building was built to support an additional 3 stories for a total of 4 stories should there be a need to expand its capabilities and capacity. This desirable property is located on a corner lot with double road frontage that provides more than ample parking (on and off the street), easy access, and weather-free loading/unloading in a large circle-drive under its huge porte-cochere for its patients. Please contact us today for additional details and to schedule an appointment to tour this incredible facility.
This prime commercial real estate asset represents a unique investment opportunity with a compelling financial profile. The property, covering 4,856 square feet on a 1-acre site (Lot 3C), is fully occupied, ensuring immediate and consistent revenue. It boasts an average capitalization rate of 6% over the initial term, underpinned by a 7-year lease agreement with 5 and a half years remaining. The lease includes advantageous 2% annual rent escalations during both the base and option terms, enhancing cash flow potential and providing a hedge against inflation.Strategically located for maximum visibility, the property features a 100 ft Interstate Pylon sign, making it prominently visible from Interstate 55. This high-profile positioning near major commercial entities like Home Depot, a Honda dealership, and Stribling Equipment significantly enhances its value proposition. Constructed in 2015, the asset offers contemporary facilities with minimal maintenance needs, making it an attractive proposition for investors seeking a balance of security and growth potential in the commercial real estate market.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Brookhaven is located in Mississippi. Brookhaven, Mississippi has a population of 11,855. Brookhaven is less family-centric than the surrounding county with 19.39% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Brookhaven, Mississippi is $33,851. The median household income for the surrounding county is $43,926 compared to the national median of $69,021. The median age of people living in Brookhaven is 38.8 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 59.6 inches per year, with 0.4 inches of snow per year.
