Jackson Ms Portfolio

Highlights:

• 100%/66% Occupancy: Both properties are fully leased, ensuring stable cash flow.
• Strong Tenant Mix: The properties feature a diverse mix of national and local tenants, reducing investment risk and ensuring a steady stream of rental income.
• Prime Locations: Northpark Station is located in a bustling retail corridor near Northpark Mall, while Highway 18 Plaza is positioned near Walmart and Lowe’s, major anchors that drive substantial traffic
• Opportunity Zones: Both properties are located in designated Opportunity Zones, offering potential tax benefits for long-term investors.
• Stable Financial Performance: Combined Net Operating Income (NOI) of over $373,051 across both properties, with consistent demand and reliable tenants.
• Excellent Accessibility and Visibility: Both properties benefit from prime frontage on major thoroughfares, with traffic counts of 40,000 VPD at Northpark Station and 32,000 VPD at Highway 18 Plaza.

Description:

Asking Price (2-Property Portfolio): $4,100,000
In-Place NOI (Excel): $356,558
In-Place Cap Rate (at asking): ~8.7%

Optional Add-On (for scale):
1230 E County Line Rd – $2,000,000 | NOI (Excel): $180,803
Total w/ Add-On: $6,100,000 | Total NOI: $537,361 | Cap Rate: ~8.8%

Overview
This offering consists of two multi-tenant retail properties located in Jackson and Ridgeland, MS, positioned along high-traffic commercial corridors near major regional retail drivers. The portfolio offers a balanced investment profile: stabilized cash flow at Northpark Station paired with a value-add lease-up opportunity at Highway 18 Plaza. For buyers seeking additional diversification and scale, County Line Retail may be added as a fully stabilized third asset on one of Ridgeland’s strongest retail corridors.
This is a practical stable + value-add structure—providing meaningful in-place income today with clear upside through leasing and stabilization, without reliance on aggressive rent growth assumptions.

Property 1: Highway 18 Plaza
5225 Hwy 18 W, Jackson, MS 39209
* Building Size: 12,350 SF
* Land Area: 1.41 Acres
* Parking: 53 spaces
* Occupancy: ~66% (in-place)
* In-Place NOI (Excel): $145,374
* Upside: Projected NOI of approximately $190,494 upon lease-up
* Traffic: ~32,000 VPD
* Year Built: 1986

enant Mix (in-place): Subway (new 5-year extension), Vap Con, Super Clean Laundry (+ vacancy/lease-up component)

Investment Rationale:
Highway 18 is a proven retail corridor where buyer underwriting is highly sensitive to occupancy and tenant credit. The current basis reflects existing vacancy and leasing risk, creating upside for an investor able to stabilize the center. Strong visibility, frontage, and adjacency to dominant anchors support long-term leasing demand.

Highlights:
* Directly across from Walmart Supercenter & Lowe’s
* Approximately 1 mile from Jackson State University (10,000+ students)
* ~189 feet of frontage along MS-18
* Value-add lease-up opportunity
* Opportunity Zone designation

Property 2: Northpark Station
201 Ring Rd, Ridgeland, MS 39157
* Building Size: 15,401 SF
* Land Area: 1.71 Acres
* Parking: 89 spaces
* Occupancy: 100%
* In-Place NOI (Excel): $211,184
* Traffic: ~40,000 VPD
* Year Built: 2005
* Renovated: 2013 / 2018

Tenant Mix: Subway, C&C Catering, Vap Con, Super Clean Laundry, Exclusive Cuts

Investment Rationale:
Northpark Station provides fully stabilized cash flow in the core Northpark Mall trade area, one of the strongest retail nodes in the Jackson metro. This asset anchors the portfolio from both a cash-flow and risk standpoint while offsetting lease-up efforts at Highway 18.

Highlights:
* Prime Northpark Mall retail corridor
* Service-oriented tenant mix supporting recurring demand
* Strong visibility and access with ~243 feet of Ring Rd frontage
* Opportunity Zone designation

Optional Add-On: County Line Retail
1230 E County Line Rd, Ridgeland, MS
* Asking Price: $2,000,000
* Occupancy: 100%
* NOI (Excel): $180,803
* Building Size: 11,206 SF
* Land Area: 1.71 Acres
* Year Built: 2008
* Parking: 37 spaces
* Traffic: ~40,000 VPD

Tenants: Plato’s Closet, U.S. Coast Guard, Wireless Wizard, Once Upon a Child

Investment Rationale:
County Line Retail adds immediate stabilized income with a diversified mix of government, national, and regional tenants along one of Ridgeland’s strongest retail corridors. The asset can be acquired independently or added to the portfolio for additional scale and income durability.

Investment Highlights
* ~8.7% in-place cap rate at $4.1M based on Excel NOI
* Stabilized + value-add balance: Northpark Station (100% leased) + Hwy 18 Plaza (lease-up upside)
* Optional scale: Add County Line for total NOI of $537,361 at ~8.8% cap
* Exposure to 32K–40K VPD corridors near dominant retail anchors
* Pricing reflects true in-place income, inclusive of vacancy and tenant-credit risk
* Opportunity Zone locations across all assets