1575 Jerry Clower Blvd - Storefront FOR SALE


Yazoo City, MS 39194
$995,000 USD
601-906-8999
1575 Jerry Clower Blvd, Yazoo City, MS for Sale
$995,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

1575 Jerry Clower Blvd
Yazoo City, MS 39194


HIGHLIGHTS

  • Prime opportunity to capitalize on high-demand retail space
  • Ideal for retail and street retail Investors
  • Located near large amount of retail and fast food restaurants

OVERVIEW

Introducing a heavy value-added retail investment opportunity at 1570-1575 Jerry Clower Blvd in Yazoo City, MS. This substantial 64,791 SF building is strategically located at the Northwest quadrant of Jerry Clower Blvd (Highway 49) and Fifteenth Street. The immediate area includes a large amount of retail, fast food restaurants and other typical neighborhood uses. The property has been nearly 100% occupied for the past 5-years; however, has lost two large tenants in the past 9-12 months which included Dirt Cheap and a bingo hall. This is an excellent opportunity for an investor or user to acquire this property and its 4.6 acre site and either completely renovate the shopping center and/or re-develop the site. INCLUDED & NOTED ON THE RENT ROLL, THE PROPERTY HAS AN OUTPARCEL RESTAURANT BUILDING OF 1,890 SF AND TWO (2) GROUND LEASES. Spaces Currently Available For Lease: 1,200 - 30,000 SF Lease Rate: $3.00-$5.00/SF, Modified Gross

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$15 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Northwest Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

C-3

APN/PARCEL ID

3-278B-27-011.00

ASK ABOUT THIS PROPERTY

Brian EstesEstes GroupMore Info
601-906-8999

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Brian EstesEstes GroupMore Info
601-906-8999

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