5380 I 55 N

For Sale

5380 I 55 N, Jackson, MS 39211

This Jackson property for sale is located at 5380 I 55 N. The general use of 5380 I 55 N is office and it incorporates 10,385 square feet of class B office space. The current listed sale price for 5380 I 55 N is $1,200,000. 5380 I 55 N is situated on a lot that is 36,408 acre in size.

Contacts

broker
Tommy Payne

Payne Realty

Property Details

  • Property Type Office - General Office
  • Property Size 10,385 SF
  • Units 5
  • Lot Size 36,408 Acre
  • Building Class B
  • Year Built 1970
  • Date Updated Jan 16, 2025
Located on the corner of I-55 North Frontage Road and Jamaica Drive. Accessed off the North frontage road or from the east coming from Wayneland Drive to Jamaica Drive.Located on the corner of I-55 North Frontage Road and Jamaica Drive, Payne Realty is offering for sale this investment office opportunity. This property consists of a +/- 9,020 square foot office building that consists of professional office space that is currently leased to a national tenant. The former owner/occupant has merged with a national firm who has signed a 4-year lease on the majority of the property. There is an additional small office tenant and also additional office space available for lease. Additionally, there is an additional building that is being leased to Pendleton Security, a long-term local credit tenant. There are 38 parking spaces between the two properties. This property is being offered for sale at $1,200,000 - which reflects an approximate cap rate of over 8% with opportunity to increase with filling the remaining office space. All numbers herein are from sources considered reliable, they are not guaranteed by the real estate brokerage or its agents.
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Highlights

  • Office / investment opportunity with interstate visibility
  • Priced just over $100/SF and at a % cap rate.
  • Great 1031 exchange opportunity

Getting around

  • 44/100

    Walk Score ®

  • 26/100

    Transit Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Jackson, MS
  • Neighborhood Highland Village
  • Zip Code 39211
  • Market Jackson

Points of Interest

  • Exxon

    1.78 miles

  • Shell

    2.43 miles

  • Costco Gasoline

    3.28 miles

  • Mobil

    3.56 miles

  • Chevron

    3.85 miles

  • Valero

    5.05 miles

  • Kroger

    5.35 miles

  • Tesla Supercharger

    6.91 miles

  • Wilson Premier Hyundai

    4.61 miles

  • Parking Garage A

    6.17 miles

  • Cell Phone Lot C

    6.29 miles

  • Surface Lot B

    6.31 miles

  • Methodist Parking Lot

    6.43 miles

  • Long Term Lot D

    6.84 miles

  • Parking

    8.40 miles

  • Extended Stay America - Jackson - North

    0.09 miles

  • America's Best Inn Jackson MS Hotel

    0.19 miles

  • Howard Johnson Lodge

    0.34 miles

  • Clarion Hotel & Suites Jackson North

    0.40 miles

  • Comfort Inn

    0.42 miles

  • Rodeway Inn Jackson

    0.51 miles

  • Baymont Jackson/Ridgeland

    0.51 miles

  • Best Value Inn & Suites

    0.56 miles

  • Quality Inn and Suites

    0.63 miles

  • Fairfield Inn Jackson

    0.65 miles

  • Whole Foods Market

    1.34 miles

  • Target

    1.72 miles

  • Walmart Supercenter

    2.03 miles

  • Dillard's

    2.20 miles

  • Belk

    2.24 miles

  • JCPenney

    2.31 miles

  • McDade's Market

    3.13 miles

  • Save-A-Lot

    4.18 miles

  • Michaels

    5.24 miles

  • Marshalls

    6.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tommy Payne

Payne Realty

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