2000 E County Line Rd - Health Club FOR SALE


Ridgeland, MS 39157- Outer Ridgeland/Madison
$5,232,677 USD
504-681-3403
2000 E County Line Rd, Ridgeland, MS for Sale
$5,232,677 USD
Health Club - FOR SALE
1/9
null | 9% Cap Rate

2000 E County Line Rd
Ridgeland, MS 39157
Outer Ridgeland/Madison


HIGHLIGHTS

  • Great Opportunity to Lease Large Open Space!

OVERVIEW

Franklin Square is a stabilized, two tenant shopping center located in Ridgeland, MS. The building is 64,848 SF and located on the signalized hard corner of Old Canton Rd and County Line Rd. Crunch Fitness and Sky Zone Trampoline Park are both NNN leases, which offers a limited landlord responsibility. Franklin Square is located at the intersection of County Line Rd and Old Canton Rd. These roads have a combined traffic count of over 36,000 vehicles per day. It is positioned at the signalized hard-corner. Going west down County Line Rd, there are retail centers like Northpark Mall, Ridgewood Court, and The Junction. These centers host tenants such as Dillard's, JCPenny, At Home, Target, Home Depot, and many more. County Line Rd makes this center accessible to visitors traveling on Interstate 55. This property is next to the Country Club of Jackson which sits on 400 acres, contains 192 homes, and has 1,100 members. Ridgeland is a city that is located in Madison County, Mississippi. It is part of the Jackson Statistical Area and is one of the most decorated cities in the state. Ridgeland is being developed by an award-winning master plan that utilizes green space and more innovative developments. The City currently holds a population of 26,068 and will continue to grow over the development. The City has a lot of notable businesses, such as Bomgar and C Spire Wireless. - 100% Occupied Neighborhood Retail Center in Madison County - Located on the Signalized Hard-Corner of Old Canton Rd & County Line Rd - Visible to Over 36,000 Cars Per Day - NNN leases with 3+ years remaining on each tenant - Nearby Demand Drivers Include the Country Club of Jackson, Northpark Mall, Walmart, Lowe's, Target, Home Depot, At Home, Chick-Fil-A, and many more.

FOR SALE DETAILS

PRICE

$5,232,677 USD

PRICE/SF

$81 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Old Canton Road

LAND ACRES

5.81 AC

LAND SF

253,084 SF

ZONING

C-2A

APN/PARCEL ID

072I-32D-005-02-00

ASK ABOUT THIS PROPERTY

Camden St. RomainProperty OneMore Info
504-681-3403

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Camden St. RomainProperty OneMore Info
504-681-3403

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