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506 Azalea Dr
Oxford, MS 38655

$1,725,630 USD

Medical For Sale  •  4,480 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,480 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 6.75 %
  • Tenancy Single
40 Walk Score

Highlights

7-Year Absolute NNN Sale-Leaseback with 2% annual rental increases, providing predictable and passive investment opportunity
Prime Location within the Oxford Medical District, surrounded by complementary medical uses and in close proximity to Baptist Memorial Hospital
Physician-Led Credit backed by two board-certified surgeons, including a Baptist Memorial Bariatric Program Medical Director ranked in the 99th%
Strong Growth Market in Oxford, MS, home to a major SEC university (Ole Miss), supporting durable population growth and favorable long-term demos

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Oxford Surgical & Bariatric Clinic 4,480 SF
Elizabeth Randall 662-234-4044 Randall Commercial Group, LLC
Elizabeth Randall 662-234-4044 Randall Commercial Group, LLC