Skip to main content

Shopping Strip

Delaware West Shopping Center

1211 Delaware Ave, McComb, MS 39648

Listing Price: $2,720,000

Cap Rate
8.00%
Gross SF
54,450
Rentable SF
54,450
Price/Gross SF
$49.95
Lot Size
3.10 acres
Year Built
1985

Investment Overview

DELAWARE WEST SHOPPING CENTER
• The offering is a 54,450 square foot retail center Anchored by Harp’s Food Stores located in McComb, MS
• The center is 89% leased at an average rent of $5.65/SF
• Center is anchored by regional grocer Harp’s Food Stores
• Harp’s Food Store is the #1 most visited grocery store in McComb

HARP’S FOOD STORES
• The shopping center is 60% occupied by Harp’s Food Stores, a regional grocery store with locations in Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Mississippi
• Harp’s Food Store has over 140+ locations and this store carries a guarantee backed by all locations
• The grocery chain is in growth mode, and this location was a part of a seven store acquisition of “The Markets” throughout Mississippi and Louisiana.

WELL LOCATED WITHIN MARKET
• Positioned with frontage to Delaware Avenue (15,000 VPD)
• Just off I-55 (28,000 VPD)
• Next to Denman Junior Highschool & McComb High School
• 1-Mile from Southwest Mississippi Regional Medical Center | 160 Beds

Investment Highlights

  • Grocer Guaranteed by Harp's Food's
  • 140+ Locations across 6 States
  • #1 Grocery Store in McComb
  • Average Rent: $5.65/SF
  • Below Replacement Cost: $49/SF
  • Well Located within Market

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Shopping Strip

Delaware West Shopping Center

Listing Price: $2,720,000

Cap Rate
8.00%
Gross SF
54,450
Rentable SF
54,450
Price/Gross SF
$49.95
Lot Size
3.10 acres
Year Built
1985

Investment Highlights

  • Grocer Guaranteed by Harp's Food's
  • 140+ Locations across 6 States
  • #1 Grocery Store in McComb
  • Average Rent: $5.65/SF
  • Below Replacement Cost: $49/SF
  • Well Located within Market

Investment Overview

DELAWARE WEST SHOPPING CENTER • The offering is a 54,450 square foot retail center Anchored by Harp’s Food Stores located in McComb, MS • The center is 89% leased at an average rent of $5.65/SF • Center is anchored by regional grocer Harp’s Food Stores • Harp’s Food Store is the #1 most visited grocery store in McComb HARP’S FOOD STORES • The shopping center is 60% occupied by Harp’s Food Stores, a regional grocery store with locations in Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Mississippi • Harp’s Food Store has over 140+ locations and this store carries a guarantee backed by all locations • The grocery chain is in growth mode, and this location was a part of a seven store acquisition of “The Markets” throughout Mississippi and Louisiana. WELL LOCATED WITHIN MARKET • Positioned with frontage to Delaware Avenue (15,000 VPD) • Just off I-55 (28,000 VPD) • Next to Denman Junior Highschool & McComb High School • 1-Mile from Southwest Mississippi Regional Medical Center | 160 Beds

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

MM Texture Background
MM Textured Background Lower