2590 Robinson Rd
Jackson, MS 39209

Westland Plaza Shopping Center in Jackson, Mississippi, is a prominent grocery-anchored retail
center offering a strategic location, diverse tenant mix, and stable financial outlook. Anchored by
national, regional, and local tenants such as Grocery Depot, Planet Fitness, Oak Street Health,
and Family Dollar, Westland Plaza plays a vital role in the area’s retail landscape. The center
spans 214,000 square feet, with an occupancy rate of 83%, and offers available spaces ranging
from 1,717 to 12,000 square feet for lease at competitive rates of $8.00 to $12.00 per square foot
per year (NNN).
Originally built in 1958 and significantly renovated in 2009, the property remains modern and
attractive for both tenants and customers. Its 1,280 parking spaces accommodate high traffic,
further enhancing its appeal. Outparcels are also available, offering investors the flexibility to
pursue ground leases, sales, or build-to-suit opportunities. Another key feature is the extensive
roof warranties covering major sections of the property through 2033, providing long-term
maintenance assurances.
The financial outlook for Westland Plaza is robust, with a projected 2024 NOI of $1,265,000. At
a 9.00% cap rate, the anticipated sales price is $14,055,555. This offering presents a compelling
opportunity for investors seeking a stable, income-generating asset with significant upside
potential through leasing the remaining vacancies.
Westland Plaza benefits from a strong mix of tenants who have demonstrated long-term
commitment to the property. These tenants provide consistent and reliable income, contributing
significantly to the center's stability. Key long-term tenants include:
City Gear (7,500 SF) A staple since 1996, City Gear continues to attract foot traffic with its fashionable apparel and footwear, with a lease extending through 2028.
US Postal Service (16,750 SF) Offering essential government services, USPS has been a tenant since 2010 and is secured through 2030, driving daily foot traffic to the plaza. 
Rent-A-Center (5,000 SF) A national leader in the rent-to-own sector, Rent-A-Center has been at Westland Plaza since 1987 and remains committed through 2031. 
Grocery Depot (32,000 SF) The primary grocery anchor, Grocery Depot, secured a long-term lease in 2020 that runs until 2030, ensuring steady daily traffic. 
Planet Fitness (16,644 SF) A major fitness destination since 2019, Planet Fitness consistently attracts customers and is committed to the property through 2030.
For additional information about this listing please contact Justin Langlois: jlanglois@stirlingprop.com