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Single-Tenant Office Medical

REM (Adult Disability Treatment - NNN Recent Extension)

116 Scott Drive, McComb, MS 39648

Listing Price: $552,000

Cap Rate
9.00%
Tenant Name
REM
Years Remaining On Lease
4.4
Gross SF
6,492
Guarantor
Limited Corporate Guarantee
Rentable SF
6,492
Price/Gross SF
$85.03
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.

Investment Highlights

  • Tenant Recently Signed a 5-Year Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
  • Brand New Roof Installed Across the Entire Building in 2026
  • Tenant Has Occupied the Since Since 2014 - 3% Annual Rent Bumps Moving Forward
  • REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities
  • Ideal Location Just Off Interstate-55 and Near Several Hotels, Restaurants and Shopping Centers

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Single-Tenant Office Medical

REM (Adult Disability Treatment - NNN Recent Extension)

Listing Price: $552,000

Cap Rate
9.00%
Tenant Name
REM
Years Remaining On Lease
4.4
Gross SF
6,492
Guarantor
Limited Corporate Guarantee
Rentable SF
6,492
Price/Gross SF
$85.03
Lease Type
Double Net
Rent Per Square Feet
$10.51

Investment Highlights

  • Tenant Recently Signed a 5-Year Lease Extension Which Included a 42% Rent Increase Commencing January 1st, 2026
  • Brand New Roof Installed Across the Entire Building in 2026
  • Tenant Has Occupied the Since Since 2014 - 3% Annual Rent Bumps Moving Forward
  • REM Mississippi is an Established Human Services Provider - Serves Adults (and Some Children) with Intellectual and Developmental Disabilities
  • Ideal Location Just Off Interstate-55 and Near Several Hotels, Restaurants and Shopping Centers

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.

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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