7.8% Cap Rate | $975,000 Proforma NOI | Fully Leased
133 Scanlan St, Newton, MS 39345

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.
Links
For Sale
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
















