Shopping Strip

Value-Add, High Barrier to Entry | Lowe’s Shadow Anchored Portfolio

900 E County Line Rd, Ridgeland, MS 39157

Listing Price: $8,708,800

Cap Rate
7.77%
Gross SF
105,718
Rentable SF
105,718
Price/Gross SF
$82.38
Lot Size
6.69 acres
Year Built
1990

Investment Overview

Marcus & Millichap is pleased to present this Value-Add, High Barrier to Entry | Lowe's Shadow Anchored Portfolio located in Ridgeland, Mississippi. This three-building retail portfolio includes two multi-tenant shopping centers and one, single-tenant Denny's. Located in a high barrier to entry location with excellent real estate fundamentals. All three properties sit along a major retail corridor on a signalized intersection just a quarter mile off Interstate 55. The properties sit a half mile away from the Northpark Mall and less than one mile to the Select Specialty Hospital. There are attractive demographics in this thriving region. The infill location has a high daytime population of 119,511 people within five miles. Surrounded by an abundance of hotels and retail.

Investment Highlights

  • Three-Building Retail Portfolio in Ridgeland, Mississippi | Includes Two Multi-Tenant Shopping Centers and One Single Tenant Denny's Restaurant
  • High Barrier to Entry | Excellent Real Estate Fundamentals
  • Attractive Demographics in Thriving Region
  • All Three Properties Sit Along a Major Retail Corridor on Signalized, Hard Corner Intersections
  • Surrounded by an Abundance of Hotels and Retail
  • Shadow Anchored by Lowe's Home Improvement

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    License(s): MS: 15586

    Mississippi

Shopping Strip

Value-Add, High Barrier to Entry | Lowe’s Shadow Anchored Portfolio

Listing Price: $8,708,800

Cap Rate
7.77%
Gross SF
105,718
Rentable SF
105,718
Price/Gross SF
$82.38
Lot Size
6.69 acres
Year Built
1990

Investment Highlights

  • Three-Building Retail Portfolio in Ridgeland, Mississippi | Includes Two Multi-Tenant Shopping Centers and One Single Tenant Denny's Restaurant
  • High Barrier to Entry | Excellent Real Estate Fundamentals
  • Attractive Demographics in Thriving Region
  • All Three Properties Sit Along a Major Retail Corridor on Signalized, Hard Corner Intersections
  • Surrounded by an Abundance of Hotels and Retail
  • Shadow Anchored by Lowe's Home Improvement

Investment Overview

Marcus & Millichap is pleased to present this Value-Add, High Barrier to Entry | Lowe's Shadow Anchored Portfolio located in Ridgeland, Mississippi. This three-building retail portfolio includes two multi-tenant shopping centers and one, single-tenant Denny's. Located in a high barrier to entry location with excellent real estate fundamentals. All three properties sit along a major retail corridor on a signalized intersection just a quarter mile off Interstate 55. The properties sit a half mile away from the Northpark Mall and less than one mile to the Select Specialty Hospital. There are attractive demographics in this thriving region. The infill location has a high daytime population of 119,511 people within five miles. Surrounded by an abundance of hotels and retail.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    License(s): MS: 15586

    Mississippi

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