2104 Raymond Road

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2104 Raymond Road

Jackson, MS 39212
Asking Price
$1.20M
Cap Rate
7%
Asset Type
Storefront Retail
Class
Class B

What's Special

Retail | 7.00% CAP | 8,000 SqFt <ul><li>​Fully renovated, two-story commercial building</li><li>​Four large retail spaces perfect for national retail chains</li><li>​Professional office suite with a two-story foyer, multiple offices, and a conference area</li><li>​Huge open space on second level with two executive offices overlooking the foyer</li><li>​New roof</li><li>​New windows and doors</li><li>​Full interior renovation including interior paint, hardware, electrical rewiring and fixtures</li><li>​Laminate flooring</li><li

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

Location & Travel Times