North Jackson Shopping Center

Shopping Center for Sale
Catylist Listing ID: 29851821
Property Subtypes: Strip Center
Building Size (RSF): 58,516 SF
Sale Price: $3,095,000
Unit Price: $52.89 PSF
Property Use Type: Investment
Building Name: North Jackson Shopping Center
Sale Terms: Cash to Seller
Cap Rate: 9.67%
Last Updated: 12/4/2017

Overview / Comments

The Cress Group and The Estes Group are pleased to exclusively present an attractive community retail shopping center property- a 58,516 square foot neighborhood center anchored by Fred's and Surplus City, located in a prime area of Jackson, Mississippi. Sno Biz operates on the end cap, drive through space. There is a total of 9,560 square feet of vacant space between Fred's and SnoBiz. This shopping center has easy access and excellent visibility positioned on a corner site with abundant front door parking and attractive landscaping. Neighbors of the center include banks, restaurants, a major neighborhood medical clinic, a large climate-controlled storage facility, a health spa and club with tennis courts, and several middle to upper class residential neighborhoods. This area is well-established with a great mix of commercial, residential, schools, restaurants, and retail services.

• 58,516 SF neighborhood retail center anchored by Fred's and Surplus Warehouse
• 9,560 SF vacant space i
• Located on major five-lane transit street at corner site with traffic light and excellent visibility
• Abundant front door parking

Additional Details

Nearest MSA: Jackson
County: Hinds
Zoning: C-2
Market Type: Large
Property Located Between: Northtown Drive
Side of Street: East
Property Visibility: Excellent
Highway Access: I-55
Area Description: This Shopping Center is located in Northeast Jackson, Mississippi and consists of approximately 58,516 square feet of retail space. This neighborhood center is conveniently located on Old Canton Road, a major five-lane transit street spanning from the East side of I-55 and connecting the cities of Ridgeland and Madison to the North, and the massive reservoir area to the West.
Total Number of Buildings: 1
Number of Stories: 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,043 59,918 118,460
Median Age: 37.92 34.08 35.87
Households: 3,983 26,324 49,548

Contact

Photograph of Listing Agent

Brian Estes

The Estes Group, Inc. Ridgeland, MS 39157
LACDB Member
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