165 West South Street

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165 West South Street

Hernando, MS 38632
Asking Price
$1.69M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multi-tenant office property measuring 10,568 square feet
  • Current asking price is set at 1,685,000 dollars
  • Building features high occupancy with existing full-service leases
  • Prime location positioned near the historic Hernando Square
  • Professional office asset located in Hernando, Mississippi

What's Special

This 10,568 square foot multi-tenant office building is positioned in Hernando, Mississippi. The property is situated near the local historic square, providing convenient access to the core commercial activity of this growing DeSoto County municipality. As a traditional office asset, the building is currently utilized under full-service lease arrangements and maintains high occupancy levels. Investors seeking stable income streams in the Memphis metropolitan area will find this property well-suited for professional services, administrative operations, or boutique commercial firms. Its location benefits from the steady economic growth characteristic of the region, which continues to attract businesses looking for suburban alternatives to dense urban centers. The layout accommodates multiple tenants, offering functional versatility for various office-based professional requirements.

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NOI
$80,000
Cap Rate
4.75%
DSCR
0.80
Underwater
Cash-on-Cash
-3.96%
Monthly Payment
$8,336.461
Annual Cash Flow
$-20,037.528

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