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124 One Madison Plz - One Madison Plaza

16,732 SF Office Condo Unit Offered at $2,462,571 in Madison, MS 39110

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Investment Highlights

100% Leased
Most Sought after Office Corridor in the Jackson Metro

Entire 2nd Floor & Majority Stake in Condo Association (53.45%)

Executive Summary

Duckworth Realty is pleased to present for Sale the entirety of the Second Floor of One Madison Plaza. The building is governed by a condo association and the opportunity presented is to acquire a majority stake (53.45%) in the association. One Madison Plaza sits strategically on the Jackson metro's, and one of the state's, most highly sought after places to office - Highland Colony Parkway. Positioned a stones throw away from Madison Central Highschool, with an abundance of fine dining and retail within a five minute drive. The location also provides easy access to I-55, and a quick commute to Gluckstadt, Madison, Ridgeland, Jackson, and Rankin County. The 2nd Floor is 100% leased tp three separate tenant's. For more information give us a Call Today - (601)-914-0800.

Property Facts

Price	$2,462,571	Building Class	A
Unit Size	16,732 SF	Floors	2
No. Units	1	Typical Floor Size	30,000 SF
Total Building Size	60,000 SF	Year Built	2008
Property Type	Office (Condo)	Lot Size	2.68 AC
Sale Type	Investment	Parking Ratio	2.7/1,000 SF

Price	$2,462,571
Unit Size	16,732 SF
No. Units	1
Total Building Size	60,000 SF
Property Type	Office (Condo)
Sale Type	Investment
Building Class	A
Floors	2
Typical Floor Size	30,000 SF
Year Built	2008
Lot Size	2.68 AC
Parking Ratio	2.7/1,000 SF

1 Unit Available

Unit 21-2300

Unit Size	16,732 SF	Sale Type	Investment
Price	$2,462,571	Cap Rate	8.25%
Price Per SF	$147.18	NOI	$203,162
Condo Use	Office

Unit Size	16,732 SF
Price	$2,462,571
Price Per SF	$147.18
Condo Use	Office
Sale Type	Investment
Cap Rate	8.25%
NOI	$203,162

Description

Entire second floor of the building consisting of 15,280RSF, currently leased to 3 separate Tenant's and a Majority stake in the condo association (53.45%).