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Shopping Neighborhood

Brookhaven Plaza

958 Brookway Blvd, Brookhaven, MS 39601

Listing Price: $5,575,000

Cap Rate
7.53%
Gross SF
34,051
Rentable SF
34,051
Price/Gross SF
$163.73
Lot Size
3.92 acres
Year Built
2000

Investment Overview

OVER 16,900 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $62,025 WITHIN FIVE MILES MULTIPLE POINTS OF INGRESS & EGRESS

Investment Highlights

  • DOLLAR TREE -ANCHOR - OCCUPIED SINCE 2010 (EXTENDED FIVE YEARS IN 2022)
  • SHOE DEPT. ENCORE-ANCHOR - OCCUPIED SINCE 2000 (EXTENDED TEN YEARS IN 2022)
  • BELOW MARKET ASSUMABLE FINANCING - 61.26% LTV
  • SHADOW ANCHORED BY HIGH PERFORMING WALMART - 92NDPERCENTILE OF ALL WALMARTS NATIONWIDE ACCORDING TO PLACER.AI DATA
  • OVER 78% OF GLA HAS OCCUPIED SINCE 2010
  • 96.48% OF GLA ON TRIPLE-NET LEASES
  • 100% OCCUPIED - 11 LEASED UNITS

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Shopping Neighborhood

Brookhaven Plaza

Listing Price: $5,575,000

Cap Rate
7.53%
Gross SF
34,051
Rentable SF
34,051
Price/Gross SF
$163.73
Lot Size
3.92 acres
Year Built
2000

Investment Highlights

  • DOLLAR TREE -ANCHOR - OCCUPIED SINCE 2010 (EXTENDED FIVE YEARS IN 2022)
  • SHOE DEPT. ENCORE-ANCHOR - OCCUPIED SINCE 2000 (EXTENDED TEN YEARS IN 2022)
  • BELOW MARKET ASSUMABLE FINANCING - 61.26% LTV
  • SHADOW ANCHORED BY HIGH PERFORMING WALMART - 92NDPERCENTILE OF ALL WALMARTS NATIONWIDE ACCORDING TO PLACER.AI DATA
  • OVER 78% OF GLA HAS OCCUPIED SINCE 2010
  • 96.48% OF GLA ON TRIPLE-NET LEASES
  • 100% OCCUPIED - 11 LEASED UNITS

Investment Overview

OVER 16,900 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $62,025 WITHIN FIVE MILES MULTIPLE POINTS OF INGRESS & EGRESS

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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