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7.8% Cap Rate | $975,000 Proforma NOI | Fully Leased

133 Scanlan St, Newton, MS 39345

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Overview

FOR SALE – INVESTMENT OPPORTUNITYThis 606,000 square foot industrial facility is situated on 27.5 acres in Newton, Mississippi and is 100% leased to two globally-operating credit tenants. Offered at $12,500,000, the property provides investors just below an 8.0% cap rate based on a current NOI of $975,000, supported by in-place leases with 2 years of remaining term. The asset will generate gross rental income of $1,172,500 for 2026. Located just 60 miles east of Jackson, MS and only one mile to Interstate 20, the facility is well positioned for manufacturing and logistics operations along the Southeast corridor. A majority of the warehouse is conditioned and features up to 37 loading docks, supporting high-volume distribution and operational flexibility. Power infrastructure includes a 2,500 KVA main plant transformer (fuse protected for 3,000 amps @ 480V), a 1,500 KVA chiller room transformer (breaker protected for 1,600 amps @ 480V), and a currently installed 750 KVA transformer supporting 900 amps @ 480V.Approximately 20,000 square feet of office space is in place with management offices, training rooms, an in-house infirmary, and cafeteria.

For Sale

Industrial
Investment

Secondary Uses: Warehouse/Distribution

Sale Price
$12,500,000
Price Per SF
$20.6/SF
Cap Rate
7.8%
Building Size
606,321 SF
Office SF
20,000 SF
Acres
27.51 ac
Zoning
GENERAL INDUSTRIAL / MANUFACTURING
Gross Income
$1,172,500
Net Operating Income
$975,000
Number of Buildings
3
Floors
2
Year Built
1967
Year Renovated
2010
Parking Spaces
250
Sprinklers
Other
Nearest MSA
Jackson
Property Status
Existing
Dock Number
37
Overhead Cranes
1
County
Newton
Available
06/01/2024
Listed
02/12/2026
Updated
02/13/2026
Listing ID
c1cf2fa1
Parcel APN
STREET_ROW_5239