Absolute Auction – Premier Medical Arts Plaza Jackson, MS

Property Location MAP

1815 Hospital Drive
Jackson, MS 39204

Property #: TAA2513

Contact Agent

Kelly Toney, CAI
Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

Absolute Auction – Premier Medical Arts Plaza

  • Well, Located 4-Story Jackson MS Medical Arts Office Plaza
  • Adjacent to Merit Health Center & Regional Hospital
  • Established Tenants – Solid Income Stream with Upside Potential
  • Financial Reports & Rent Roll Available with NDA
  • Over $215,000 current annual gross income
  • Over 24,000 sf, situated on 2 +/- Acres.
  • Zoned for Business (C-3) and Current Professional Uses
  • Well Established Location w/ Regional Healthcare Facilities Surrounding
  • Partnership Dissolution Orders Immediate Liquidation of the Assets
  • 150 Paved Parking Area – Dual Drive-Thru – Corner Location at Chadwick & Hospital Drives
  • Ingress/Egress on both frontage Streets for Easy Access
  • Immediate Suite Availability – Turnaround Opportunity for Value-Add Investors
  • Nearby Interstate Access to I-20 & I-220
  • Selling to the Highest Bidder – Absolute Auction – No Minimums!
  • Clear Title – No Liens – No Back Taxes – Title Commitment Available
  • Detailed Information Package Available – Contact Tranzon Today
 
This well-located four-story medical office plaza in Jackson, MS, offers a prime investment opportunity with significant potential. Spanning ± 24,000 square feet across approximately two acres, the property is situated adjacent to the Merit Health Center and Regional Hospital, making it an ideal location for medical professionals. Originally constructed in the mid-1960s and extensively renovated in 2004, the subject boasts a solid income stream from established tenants and has the capabilities for more improvements. The property is zoned business (C-3) and currently supports a range of medical and professional uses, making it a versatile asset for future development.
 
 
The office plaza is conveniently positioned at the corner of Chadwick and Hospital Drives, with dual drive-thru access and easy ingress/egress from both streets. The site also features a spacious 150-space paved parking lot, ensuring ample parking for tenants and visitors. The property is well-connected, with nearby access to Interstate 20 and I-220, further enhancing its desirability. Due to a partnership dissolution, the assets are being liquidated immediately, providing an exceptional opportunity for investors to acquire a high-potential asset with immediate suite availability for new tenants or future renovations. Financial reports and a rent roll are available under NDA, offering transparency for potential buyers.
 
Sold in Cooperation with J. Walter Michel Agency - Jackson, MS – John Young, Investment Sales Broker - (601) 352-0757
 

Tranzon Asset Advisors, Tim Mast, MS Auctioneer & Broker #1087

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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