404-832-1251
1720-1722 Veterans Blvd, Mccomb, MS for Sale
Storefront - FOR SALE
1/10
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1720-1722 Veterans Blvd
Mccomb, MS 39648


HIGHLIGHTS

  • Dominant 345,426 SF Regional Shopping Center: anchored by a national tenant lineup and shadow-anchored by a Walmart that ranks in the top 72%
  • Newly Redeveloped Wing with New 10-year Leases from National Anchors: Aldi, Ross Dress for Less, and Bealls. Newly signed Planet Fitness with 20-year
  • 1,200+ ft of Frontage on I-55 with ~29,000 VPD
  • Large Regional Trade Area: most retailers do not have another location for 55+ miles
  • Upside Opportunity Should Belk Ever Leave: Only paying $1.39 PSF
  • Stable Income Stream: 73% of income stream is coming from national Big Box Retailers

OVERVIEW

Franklin Street is pleased to offer for sale Uptown McComb in McComb, Mississippi. McComb is centrally located between Jackson and New Orleans on Interstate 55 in southern Mississippi. Uptown McComb was formerly known as Edgewood Mall and has undergone a re-merchandizing plan, which brought a significant amount of national big box retailers to the property with external entrances. New additions since the redevelopment from a traditional mall site layout include: Hobby Lobby, Marshalls, Aldi, Bealls, Planet Fitness, Five Below, and Ross Dress for Less. Each of these retailers are new to market and do not have a competing location for 55+ miles, allowing for a larger trade area for the center. Along with the new retailers ownership has taken on a significant amount of property improvements including new roof, new signage, LED lighting, and significant capital improvements to tenants spaces. Uptown McComb has seen strong leasing momentum and continued NOI growth since COVID year after year. The corridor serves as a major retail hub for the trade area with other traffic generating retailers including Walmart, Lowes, Chick-fil-A, Starbucks, Walgreens, among others. Economic drivers for the area include increasing manufacturing industries, agriculture, and the Southwest Mississippi Regional Medical Center.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uptown McComb

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

1850

LAND DETAILS

CROSS STREETS

I-55 & Veterans Blvd

LAND ACRES

31.68 AC

LAND SF

1,379,981 SF

ZONING

CPL

APN/PARCEL ID

592901,592901-A

ASK ABOUT THIS PROPERTY

Bryan BelkFranklin StreetMore Info
404-832-1251

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Bryan BelkFranklin StreetMore Info
404-832-1251

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