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101 W Ceres Blvd, Vicksburg, MS, 39183

Hitachi Energy
$7,844,936

Key Information

Cap Rate
7.05%
Tot. SF
92,182
Year Built
2002
Type
Industrial

Highlights

  • 10-Year Lease: Hitachi Energy USA Inc. recently executed a 10-year lease with Two, 5-Year options.
  • High Growth & Economic Relevance: Hitachi recently announced a significant investment of over $1 Billion USD to expand manufacturing operations in the U.S. demonstrating a strong growth focus, stability, and commitment to the site.
  • Strong Rent Growth: This lease consists of 2.75% annual rent increases offering long-term upside.
  • Advantageous Location: This property benefits from its direct access to I-20 and is well located in an active industrial corridor – situated in the Ceres Industrial Park.
  • Functional & Well-Equipped Facility: Situated on ±20 AC, this ±92,178 SF this facility boasts tall clear heights and is equipped with an ample amount of power creating operational efficiency for manufacturing and distribution activities.

Photos

Location

Agents

Broker of Record

Phillip Carpenter

License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211