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
Brookhaven Plaza
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
Broker of Record
Financing By
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
Broker of Record
Financing By
