5440 Executive Place

a commercial property located in the Northbrook neighborhood of Jackson, MSThis 15-unit commercial/retail property presents an exceptional investment opportunity, currently producing an impressive 11.5% cap rate at approximately 80% occupancy. Even more compelling is the property's significant upside potential: at full occupancy, the projected NOI supports a 15.7% cap rate at the asking price. This combination of strong in-place cash flow and substantial lease-up potential makes this a particularly attractive opportunity for an investor seeking both current income and meaningful upside. The property has been meticulously maintained with no significant deferred maintenance and has benefited from numerous recent improvements, including LED lighting, a new surveillance system, HVAC upgrades, and a freshly re-striped parking lot. These improvements enhance energy efficiency, security, appearance, and overall tenant appeal. The security system located in Unit D1 provides wireless smoke detectors serving all four upstairs units. Detailed financial records are available, providing buyers with the opportunity to evaluate the property's strong rental history, current cash flow, and potential for increased income through lease-up. Adding to the property's immediate surroundings, a new day-care center is planned next door, which could bring additional daily activity, employees, parents, and potential customers to the area. Jackson is experiencing renewed investment and a growing focus on economic development. With strong in-place performance, recent capital improvements, a well-maintained property, and the potential to achieve a 15.7% cap rate at full occupancy, this property offers an exciting opportunity to acquire a high-performing investment with room to grow. Contact Kim Bobbitt 601.209.6593 Co-listed with E. David Cox, Broker 601-898-0181,