CHT Suites

For Lease

300 South Spring Street, Tupelo, MS 38804

The total number of office spaces available at CHT Suites is 1. Leasing opportunities in the building include office. There is a total of 120 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 120 square feet.

Space Available For Lease 1

Contacts

broker

Clay Short

TRI Inc. CRE

(662) 842-8283

Property Details

  • Property Type Office - General Office
  • Property Size 7,850 SF
  • Lot Size 0.18 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970
  • Year Renovated 2015
  • Date Updated Mar 13, 2024
Located in the heart of the Lee County Central Business District in historic downtown Tupelo, Ms. Neighbors include the headquarters for BancorpSouth Bank and Renasant Bank among other professional organizationsMulti-tenant office building leased primarily to therapists and counselors. Facility was completely renovated in 2015 including HVAC and roof. As a corner lot, downtown the property has 2 facades of frontage measuring 100' x 78' +/-. All shared street parking. Current tenant roster includes 6 professional organizations. Current leasing plan (included) offers 3 suites of varying sizes, but can be modified to fit alternate sizes. Current owner will engage a sale -leaseback scenario which will begin at closing. Value-add opportunity in which the new owner has the opportunity increase the rate-of-return and value through leasing Current Cap Rate: 6.3%; Current Occupancy Rate: 80%+/-; Pro-forma Cap Rate: 8.95%; Pro-forma Occupancy Rate: 93%Multi-tenant office building leased primarily to therapists and counselors. Facility was completely renovated in 2015 including HVAC and roof. As a corner lot, downtown the property has 2 facades of frontage measuring 100' x 78' +/-. All shared street parking. Current tenant roster includes 6 professional organizations. Current leasing plan (included) offers 3 suites of varying sizes, but can be modified to fit alternate sizes.

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Getting around

  • 61/100

    Walk Score ®

  • 53/100

    Bike Score ®

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Location

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

Points of Interest

  • Dodges Store

    2.12 miles

  • Chevron

    2.41 miles

  • Exxon

    2.80 miles

  • BP

    3.65 miles

  • Tesla Supercharger

    3.87 miles

  • Shell

    4.11 miles

  • Texaco

    4.19 miles

  • Palmetto Quick Stop

    5.60 miles

  • Belden Truck Stop

    5.88 miles

  • Exxon

    8.14 miles

  • Loves' # 398 - Tupelo

    6.52 miles

  • Hilton Garden Inn Tupelo

    0.32 miles

  • Scottish Inn

    0.77 miles

  • All American Inn Tupelo

    0.84 miles

  • Economy Inn

    0.99 miles

  • Clarion Inn and Summit Center

    1.18 miles

  • Travelers Motel

    1.22 miles

  • Rodeway Inn & Suites Tupelo

    1.23 miles

  • Holiday Inn Hotel & Suites Tupelo North

    1.26 miles

  • Candlewood Suites Tupelo North

    1.32 miles

  • Town House Motel

    1.35 miles

  • Walmart Neighborhood Market

    0.58 miles

  • Kroger

    0.84 miles

  • Walmart Supercenter

    2.11 miles

  • Barnes Crossing Mall

    3.63 miles

  • Mall at Barnes Crossing

    3.66 miles

  • Walmart Supercenter

    3.69 miles

  • Ross

    3.89 miles

  • Kohl's

    3.93 miles

  • ALDI

    4.01 miles

  • Kroger

    4.30 miles

300 South Spring 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 300 South Spring Street has to offer.

  • 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.

    300 South Spring Street was originally completed in 1970 and is rated class B. The building includes 7,850 square feet, of which 120 square feet is rentable office space. The most recent renovation completed at this address was in 2015.

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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  2. 2Extra information