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$2,450,000
Est. payment /mo
4 Baths
5,011 SqFt
New
2155 South Lamar Blvd. Oxford, MS 38655
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,011 sqft
Price per Sqft $488
MLS Listing ID 167619
Year Built 1985
Lot Size 0.660 Acres
Property Sub-Type Commercial
Property Description
Rare investment opportunity to acquire a premier professional office building in the heart of Oxford's thriving medical district. The Oxford Dental Clinic, located at 2155 South Lamar Boulevard, has been a well-established and respected Oxford institution since 1983. This beautifully updated 5,127-square-foot facility is secured by a long-term triple-net (NNN) lease $13,383 per month, with approximately nine years remaining in the primary term and annual 2% rental escalations. The tenant is responsible for all taxes, insurance, and maintenance expenses, providing a stable and passive investment opportunity. The lease also includes multiple renewal options, adding long-term value and security. Situated on approximately 0.66 acres, the property features 26 parking spaces and excellent accessibility. Opportunities to acquire a quality, income-producing medical office property with a long-term lease in Oxford are extremely limited, making this a truly exceptional offering.
Location
State MS
County Lafayette
Area South
Zoning OXFORD
Interior
Heating Central, Electric
Cooling Electric
Appliance Electric Water Heater
Exterior
Parking Features Off Street
Utilities Available Cable Available, Underground Utilities
View Y/N No
Roof Type Architectural
Garage No
Building
Foundation Slab
Sewer Community System
Schools
Elementary Schools Oxford
Middle Schools Oxford
High Schools Oxford
Others
Virtual Tour https://tour.usamls.net/2155-South-Lamar-Blvd-Oxford-MS-38655/unbranded
Listed by Crye-Leike Oxford Real Estate
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