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1640 Highway 39 N
Meridian, MS 39301

Retail Property For Sale

Storefront Properties Mississippi Meridian 1640 Highway 39 N, Meridian, MS 39301

Executive Summary

• 30,215 SF
• 100% occupied by Aarron’s
• Multiple retailers located nearby including
Honda of Meridian, Advance Auto Parts, Mister
Car Wash, and Bowers Auto
• Sale Price: $848,990.40
• NOI: $84,899.04
• Cap Rate: 10%
• Below replacement cost
Fully occupied by Aarons Rental, Long Time Tenant in the space
NNN Lease

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
29,084 SF
Building Class
C
Year Built/Renovated
1977/2011
Price
$848,990
Price Per SF
$29
Cap Rate
10%
NOI
$84,899
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
1.40 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-3
Parking
20 Spaces (0.69 Spaces per 1,000 SF Leased)
Frontage
160 FT on front street

Amenities

  • Corner Lot
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

Parcel Number 083-08-4-3812-002-00100 Improvements Assessment $0
Land Assessment $0 Total Assessment $115,089

PROPERTY TAXES

Parcel Number
083-08-4-3812-002-00100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$115,089

  • Listing ID: 34232765

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 1640 Highway 39 N, Meridian, MS 39301

More public record information on 1640 Highway 39 N, Meridian, MS 39301

The Retail Property at 1640 Highway 39 N, Meridian, MS 39301 is currently available for sale. Contact NAI Saig Company for more information.

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