Jackson Ms Portfolio

Highlights:

• 100% 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:

Im pleased to present a unique investment opportunity for a two-property retail portfolio located in Jackson and Ridgeland, MS. This offering combines two fully-leased, high-traffic retail centers, both located near major anchors like Walmart, Lowe’s, and Northpark Mall. Below are the details:

Portfolio Overview:
* Asking Price: $4,150,000
* Cap Rate: 9.0%
* Combined Net Operating Income (NOI): $376,108
*
Property 1: 5225 Hwy 18 W, Jackson, MS
* Building Size: 12,350 SF
* Land Area: 1.41 Acres
* Occupancy: 100%
* NOI: $172,396
* Tenants: Subway, C&C Catering, Vape Con, Super Clean Laundry, and Exclusive Cuts
* Parking: 53 spaces
* Year Built: 1986
* Traffic: 32,000 vehicles per day
* Opportunity Zone: Yes
* Highlights: Strategically located across from Walmart Supercenter and next to Lowe’s. Strong tenant mix with stable, long-term leases.
*
Property 2: 201 Ring Road, Ridgeland, MS
* Building Size: 15,401 SF
* Land Area: 1.71 Acres
* Occupancy: 100%
* NOI: $200,655
* Tenants: Subway, C&C Catering, Vap Con, Super Clean Laundry, and Exclusive Cuts
* Parking: 89 spaces
* Year Built: 2005, renovated 2013/2018
* Traffic: 40,000 vehicles per day
* Opportunity Zone: Yes
* Highlights: Located in the Northpark Mall retail corridor, near major anchors such as Dillard’s and JCPenney. Benefits from heavy foot traffic and proximity to the Jackson metro area.
*
This portfolio offers a diverse tenant mix, including national brands like Subway and essential local services, providing stable cash flow and minimal risk. Both properties are located in Opportunity Zones, presenting potential tax benefits for the buyer. With a combined NOI of $376,108, this portfolio promises a solid return on investment.

If you’re interested, please let me know, and I can provide additional details or arrange a discussion.

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