212 W. Northside
$675,000
212 W Northside Dr, Jackson, MS 39206
5,040 sqft
Building Size
0.251 acres
Lot Area
Details:
Description:
This fully leased, net-lease investment offers a rare combination of stability and aggressive rental growth within a dense, high-demand trade area. Originally a single-tenant footprint, the building was strategically demised to accommodate a diversified mix of essential service providers.
The property is anchored by a regional coin laundry—a tenant since 2008—which recently demonstrated its long-term commitment to this location through an extended lease renewal. Accompanied by a national-brand wireless provider, the asset benefits from a "recession-proof" tenant base that caters to the immediate needs of the surrounding community.
Investors will benefit from 3% annual rent increases across both leases, providing a superior hedge against inflation and consistent year-over-year NOI growth. This is a turnkey opportunity to acquire a seasoned asset with a proven track record of performance in a high-traffic corridor.
Located along Northside Drive, just west of the intersection of Hanging Moss Road.
1 Space Available
A, A Street Retail
Documents:
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| 2024_-_Brochure__P_.pdf |
Location
Gallery