1825 Hwy 39 N - Bank FOR SALE


Meridian, MS 39301
$1,179,556 USD
662-234-4044
1825 Hwy 39 N, Meridian, MS for Sale
$1,179,556 USD
Bank - FOR SALE
1/7
null | 6.75% Cap Rate

1825 Hwy 39 N
Meridian, MS 39301


HIGHLIGHTS

  • Long-Term Investment Opportunity: 15 Year Initial Term with Absolute NNN Lease Structure and Corporate Guarantee
  • Established Tenant: Sale-leaseback to a top 200 regional community bank with reported assets exceeding $1.4 billion & a history spanning over 100 yrs
  • The bank is an insured member of the FDIC
  • Corporate Guarantee: Lease Guarantee from the banks publicly traded holding company the Citizens Holding Company (OTCQX: CIZN)
  • Strategic Location: High-visibility spot on US 45, near growing residential developments & Meridian's premier retail, dining, & entertainment hubs

OVERVIEW

Randall Commercial Group, LLC is pleased to present an exceptional sale-leaseback opportunity in Meridian, MS. The property will be leased back to The Citizens Bank of Philadelphia—a well-established MS-based community bank founded in 1908 with multiple branches statewide—under a new 15-yr ABS NNN lease commencing at closing, featuring 2% annual rent increases and five, 5-year renewal options. Situated along HWY 39, a key commercial corridor, the branch enjoys strong visibility and accessibility in a vital regional hub for east-central Mississippi. Meridian is poised for significant growth, driven by the $10B Compass Datacenters hyperscale campus (ground broken in 2025, with phased development over 8 yrs), which is expected to deliver thousands of jobs, major infrastructure upgrades, and sustained economic momentum, building on established anchors such as Naval Air Station Meridian and the region's robust healthcare sector.

FOR SALE DETAILS

PRICE

$1,179,556 USD

PRICE/SF

$444 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Citizens Bank | Meridian, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,322 SF

ZONING

-

APN/PARCEL ID

083-08-4-3811-003-00100

ASK ABOUT THIS PROPERTY

Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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Elizabeth RandallRandall Commercial Group, LLCMore Info
662-234-4044

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