422 Riverwind Dr
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422 Riverwind Dr
33,610 SF 100% Leased Retail Building Pearl, MS 39208 $3,695,000 ($110/SF)
Investment Highlights
- Approx. 26,610 Sq. Ft Open Retail Suite Available.
- 3 Retail Suites totaling +/- 6,000 S.F. are leased to solid long term Tenants
- Area Tenants include Bass Pro, Sam's Club, & Cinemark Theater
- Building has great frontage & visibility on Interstate 20 & Riverwind
- Prime Signage fronting Interstate 20 & Riverwind
- Located just West of the Interstate 20 & Pearson Road Interchange
Executive Summary
The largest Tenant, Launch Trampoline, will be vacating the building upon sale.
The other 3 Tenants comprising approximately 6,000 Sq. ft. of space will remain and have been Tenants for many years.
The 3 tenants monthly lease payments totals just under $11,000 gross.
The other 3 Tenants comprising approximately 6,000 Sq. ft. of space will remain and have been Tenants for many years.
The 3 tenants monthly lease payments totals just under $11,000 gross.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$48,052
|
$1.43
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$48,052
|
$1.43
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $48,052 |
| Annual Per SF | $1.43 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $48,052 |
| Annual Per SF | $1.43 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
33,610 SF
Building Class
B
Year Built/Renovated
1999/2020
Price
$3,695,000
Price Per SF
$110
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Land Acres
2.53 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
150 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Air Conditioning
- Fiber Optic Internet
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | E08E000023 00090 | Total Assessment | $362,138 |
| Land Assessment | $0 | Annual Taxes | $48,052 ($1.43/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
E08E000023 00090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$362,138
Annual Taxes
$48,052 ($1.43/SF)
Tax Year
2023
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422 Riverwind Dr
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