110 N Jerry Clower Blvd - Storefront FOR SALE


Yazoo City, MS 39194
$6,825,000 USD
678-808-2700
110 N Jerry Clower Blvd, Yazoo City, MS for Sale
$6,825,000 USD
Storefront - FOR SALE
1/5
null | 8.75% Cap Rate

110 N Jerry Clower Blvd
Yazoo City, MS 39194


HIGHLIGHTS

  • 99% Leased Neighborhood Center with Grocery and Discount Retail
  • Anchored by National and Regional Tenants with 71% of Base Rent
  • Parallel to Primary Retail Corridor with Combined 26,700 VPD
  • Below Replacement Cost and Low Average Rent of $7.86 per SF

OVERVIEW

Marcus & Millichap is pleased to exclusively offer 49 Junction, a 99,412 square foot neighborhood center anchored by Save-A-Lot, Beauty Town, Citi Trends, and Dollar Tree. Situated parallel to U.S. Route 49 at the junction with MS Highways 16/149, 49 Junction has excellent visibility to a primary retail corridor with average traffic counts of 18,000 and 8,700 vehicles per day respectively. MS Broker of Record William M. Davis License: MS B-15586 (901) 620-3626

FOR SALE DETAILS

PRICE

$6,825,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

49 Junction Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

336

LAND DETAILS

LAND ACRES

8.3 AC

LAND SF

361,548 SF

ZONING

C

APN/PARCEL ID

3-278R-34-001.00

ASK ABOUT THIS PROPERTY

Rob FoxMarcus & MillichapMore Info
678-808-2700

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Rob FoxMarcus & MillichapMore Info
678-808-2700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.