Wednesday, July 8, 2009

Knox Painting Building - Olive Branch

For sale by Jessica Brown (210-3474) at Remax (853-3430). Talked to Teresa who is Jessica's assistant. approx 24,000 total sq ft. 11, 400 office space. Rest (12,600) is warehouse.
realestateinthemidsouth.com. On old 78 near bypass.

Jessica said list price is $994,000 or $41.42 per foot. She said the rent each month is $13,000. I guess she means that that is the amount of rent being currently collected by the owner each month. But one of the tenants may be the owner, so that may be a guesstimate of what you could collect.

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