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 67% of the GLA and contribute 71% of current base rental income. 49 Junction is currently 99% occupied with low average rents of just $7.86 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.