• Broker Frank Dyer 9018425585
  • Broker Barry Maynard 9017581100

THE ADDICUS BUILDING 406 Enterprise Dr 6,400 SF Office Building Oxford, MS 38655 $2,275,555 ($355.56/SF) 6.89% Cap Rate

View Photo

EXECUTIVE SUMMARY

ADDICUS, LLC moved in January 2024

ATTACHMENTS

THE ADDICUS BUILDING FLYER APRIL 2025

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
6,400 SF
Building Class
B
Year Built
2023
Price
$2,275,555
Price Per SF
$355.56
Cap Rate
6.89%
NOI
$156,786
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,400 SF
Building FAR
0.51
Lot Size
0.29 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • $24.00
  • Triple Net
  • Nov 2033

Addicus is a US-based real estate firm specializing in the acquisition and financing of real estate assets, as well as management of private real estate funds. Established in 2012, the firm focuses on opportunities in land, hotels, senior home, and multi-family properties across the US.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - $24.00 Triple Net Nov 2033

PROPERTY TAXES

Parcel Numbers 135R-22-002.37, 135R-22-002.38 Improvements Assessment $0
Land Assessment $0 Total Assessment $173,031

PROPERTY TAXES

Parcel Numbers
Multiple
  • 135R-22-002.37
  • 135R-22-002.38
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$173,031

MAP

ADDITIONAL PHOTOS

View Photo Front of building
View Photo Kitchen/break area
View Photo Office
View Photo Main room
View Photo Hallway
View Photo ADDICUS moved in January 2024
View Photo Bathroom
View Photo Exterior with parking
View Photo Exterior
View Photo AERIAL 17AUG23
View Photo Floor Plan
  • Listing ID: 28325212

  • Date on Market: 4/26/2023

  • Last Updated: 5/28/2025

  • Address: 406 Enterprise Dr, Oxford, MS 38655