1001 E 1st Avenue

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1001 E 1st Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

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

  • Medical office property encompassing 8,870 square feet of space
  • Located at 1001 E 1st Avenue in Meridian, Mississippi
  • Suitable for outpatient clinics or private medical practitioners
  • Situated within an established professional healthcare service corridor
  • Asset available for sale in a growing regional market

What's Special

Meridian serves as a vital economic hub within east Mississippi, benefiting from its strategic location along major transit corridors and a steady regional workforce. This medical office property at 1001 E 1st Avenue positions a business within an established professional landscape, providing convenient access for patients and staff across the local community. The facility spans 8,870 square feet, offering a functional layout suitable for various healthcare providers or specialized medical practices. Investors and medical groups will find this site well-suited for outpatient services, diagnostic clinics, or private physician suites. The surrounding area supports a consistent demand for healthcare infrastructure, making this a practical acquisition for those looking to expand or establish a footprint in the Meridian submarket. Its footprint accommodates a range of clinical needs, ensuring versatility for long-term ownership or tenant stability.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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