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Single-Tenant Office Medical

REM Adult Learning Center

116 Scott Dr, McComb, MS 39648

Listing Price: $621,000

Cap Rate
8.00%
Tenant Name
REM
Years Remaining On Lease
5.1
Gross SF
6,492
Guarantor
Limited Corporate Guarantee
Rentable SF
6,492
Price/Gross SF
$95.66
Lease Type
Double Net
Rent Per Square Feet
$10.51

Investment Overview

Marcus & Millichap is exclusively offering for sale the REM facility in McComb, Mississippi. The tenant who has occupied the site since 2014 recently signed a 5-year lease extension through December 31st, 2030 which included a 42% rent increase from 2025 to 2026. Moving forward the lease includes 3% annual rental escalations and the tenant has one 5-year option they can exercise which would take the lease through 2035. The property includes a 6,500 square foot building built in 1978 and it sits on a 0.66 acre parcel of land. The property is ideally located just off Interstate-55 and near several hotels, restaurants and shopping centers.

REM?Mississippi is a well established human services provider in Mississippi, specializing in community-based support for individuals with intellectual/developmental disabilities (IDD) and other support needs. REM offers a range of services across multiple locations, is part of a national network, and provides key services in the state’s disability support ecosystem. REM (originally in Minnesota) was founded back in 1967 with a first community living residence for individuals with IDD.

McComb is located about 80 miles south of Jackson, MS and approximately 120 miles north of New Orleans. McComb has a workforce of about 20,213 employed people in 2023. The main employers in McComb include Manufacturing, Health care & social assistance and Retail trade

Investment Highlights

  • Tenant Just Signed a 5-Year Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
  • Tenant Has Occupied the Since Since 2014 on a NN Lease - 3% Annual Rent Bumps Moving Forward
  • REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Single-Tenant Office Medical

REM Adult Learning Center

Listing Price: $621,000

Cap Rate
8.00%
Tenant Name
REM
Years Remaining On Lease
5.1
Gross SF
6,492
Guarantor
Limited Corporate Guarantee
Rentable SF
6,492
Price/Gross SF
$95.66
Lease Type
Double Net
Rent Per Square Feet
$10.51

Investment Highlights

  • Tenant Just Signed a 5-Year Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
  • Tenant Has Occupied the Since Since 2014 on a NN Lease - 3% Annual Rent Bumps Moving Forward
  • REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities

Investment Overview

Marcus & Millichap is exclusively offering for sale the REM facility in McComb, Mississippi. The tenant who has occupied the site since 2014 recently signed a 5-year lease extension through December 31st, 2030 which included a 42% rent increase from 2025 to 2026. Moving forward the lease includes 3% annual rental escalations and the tenant has one 5-year option they can exercise which would take the lease through 2035. The property includes a 6,500 square foot building built in 1978 and it sits on a 0.66 acre parcel of land. The property is ideally located just off Interstate-55 and near several hotels, restaurants and shopping centers. REM?Mississippi is a well established human services provider in Mississippi, specializing in community-based support for individuals with intellectual/developmental disabilities (IDD) and other support needs. REM offers a range of services across multiple locations, is part of a national network, and provides key services in the state’s disability support ecosystem. REM (originally in Minnesota) was founded back in 1967 with a first community living residence for individuals with IDD. McComb is located about 80 miles south of Jackson, MS and approximately 120 miles north of New Orleans. McComb has a workforce of about 20,213 employed people in 2023. The main employers in McComb include Manufacturing, Health care & social assistance and Retail trade

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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