Investment Overview

Marcus & Millichap is pleased to exclusively offer 49 Junction, a 99,412 square foot neighborhood center anchored by Save-A-Lot, Beauty Town, Citi Trends, and Dollar Tree. The center's national and regional tenants occupy 65% of the GLA and contribute 76% of current base rental income. 49 Junction is currently 94% occupied with low average rents of just $7.70 per square foot, offering an investor the opportunity to acquire a stabilized asset below replacement cost along with a diversified and synergistic tenant mix. The property is located in the northwest metropolitan area of Jackson, Mississippi in the community of Yazoo City, the seat of Yazoo County and known as the “Gateway to the Delta”. Yazoo City, which lies along the Yazoo River, was named as one of the Top 200 towns for Hunters and Fishermen to Call Home by Outdoor Life magazine and is located just east of Delta National Forest and Panther Swamp National Wildlife Refuge and southwest of Hillside National Wildlife Refuge. Yazoo City is a trade center for timber, cotton as well as catfish farming and the city’s manufactures include fertilizer, chemicals, and textiles. Situated parallel to U.S. Route 49 at the junction with MS Highways 16/149, 49 Junction has excellent visibility to a primary retail corridor with average traffic counts of 19,000 and 8,700 vehicles per day respectively. The area reflects good demographics with a 10-Mile population of just under 21,000 and average annual household incomes near $54,000. Commercial property fundamentals in the Yazoo County retail submarket area appear healthy with a vacancy rate of 4.7% and market rents of $16.00 per square foot. As of the first quarter 2026, there is no retail space under construction in Yazoo County.