417 - 431 West Main Professional Building

For Lease

417-431 West Main Street, Tupelo, MS 38804

The total number of office spaces available at 417 - 431 West Main Professional Building is 4. Leasing opportunities in the building include office and general office. There is a total of 10,075 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 1,250 square feet.

Space Available For Lease 4

Contacts

broker

Clay Short

TRI Inc. CRE

(662) 842-8283

Property Details

  • Property Type Office - General Office
  • Property Size 54,400 SF
  • Lot Size 2.5 Acre
  • Parking Spaces Avail. 110
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1945
  • Year Renovated 2020
  • Date Updated Apr 25, 2024
Located on Main Street at a signalized intersection in the central business district in Tupelo MS. Property is bordered on 3 sides with public roads and sidewalks, and is one of the few downtown Tupelo properties with a large private parking lot. Adjacent street parking is also availableMulti-level, professional office building stabilized with a strong tenant mix. The roster includes professionals from architecture, construction, & engineering; governmental services (GSA), and legal & financial industries (rent roll included), and is anchored by First American National Bank. All typical CDB occupants including legal services of all kinds, four major banks, many restaurants, and diverse retail shopping can all be found within 1 mile of the property. Residential neighborhoods of various price points lay immediately on the borders of the CBD, surrounding the area. The current rent rates for the tenancy is considered mid-range for the market, which could result in a value-add play for the investor. The building is generally considered to be a landmark in the marketplace. Current NOI = $311,835 with mostly mod gross leases. Profit / Loss Statement included. Occupancy typically varies between 92% - 95%Various spaces available in this professional building which is stabilized by its strong tenant mix. The roster includes professionals from architecture, construction, & engineering; governmental services (GSA), and legal & financial industries. The building is anchored by First American National Bank. This space is modernized, and well-designed. A full-service post office, four major banks, many restaurants and diverse retail shopping are within close proximity of this property. The parking lot is one of few private lots in the CBD. Finish-to-suit and TIA is available for strong prospects.

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Highlights

  • Professional Office Space Available - For Lease
  • From 900 to 2,500 SF
  • Tenant finishing services, or Tenant Improvement Allowances Available
  • Strong tenant roster
  • Convenient downtown Tupelo location

Attachments

Getting around

  • 70/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tupelo, MS
  • Neighborhood Tupelo
  • Zip Code 38804

Points of Interest

  • Dodges Store

    1.94 miles

  • Chevron

    2.23 miles

  • Exxon

    2.61 miles

  • BP

    3.55 miles

  • Tesla Supercharger

    3.78 miles

  • Shell

    4.01 miles

  • Texaco

    4.11 miles

  • Palmetto Quick Stop

    5.58 miles

  • Belden Truck Stop

    5.68 miles

  • Exxon

    8.05 miles

  • Loves' # 398 - Tupelo

    6.32 miles

  • Hilton Garden Inn Tupelo

    0.46 miles

  • Scottish Inn

    0.57 miles

  • Economy Inn

    0.81 miles

  • All American Inn Tupelo

    1.00 miles

  • Clarion Inn and Summit Center

    1.02 miles

  • Travelers Motel

    1.04 miles

  • Rodeway Inn & Suites Tupelo

    1.06 miles

  • Holiday Inn Hotel & Suites Tupelo North

    1.09 miles

  • Candlewood Suites Tupelo North

    1.15 miles

  • Town House Motel

    1.34 miles

  • Walmart Neighborhood Market

    0.44 miles

  • Kroger

    0.65 miles

  • Walmart Supercenter

    1.92 miles

  • Barnes Crossing Mall

    3.55 miles

  • Mall at Barnes Crossing

    3.57 miles

  • Walmart Supercenter

    3.58 miles

  • Ross

    3.80 miles

  • Kohl's

    3.84 miles

  • ALDI

    3.92 miles

  • Kroger

    4.21 miles

417-431 West Main Street Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 417-431 West Main Street has to offer.

  • The property offers a parking ratio of 2.00 / 1,000 SF, which translates to a total of 110 parking spaces. See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Tupelo neighborhood of Tupelo and located within zip code 38804.

    417-431 West Main Street was originally completed in 1945 and is rated class B. The building includes 54,400 square feet, of which 10,075 square feet is rentable office space. The most recent renovation completed at this address was in 2020.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Clay Short

TRI Inc. CRE

(662) 842-8283

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