2128-2150 Jackson Ave W - Retail FOR SALE


Oxford, MS 38655 | 
$14,500,000 USD
601-942-0132
2128-2150 Jackson Ave W, Oxford, MS for Sale
$14,500,000 USD
Retail - FOR SALE
1/16
null | 6.23% Cap Rate

2128-2150 Jackson Ave W
Oxford, MS 38655


HIGHLIGHTS

  • 100% Occupied
  • Heavily Trafficked
  • Recent Upgrades

OVERVIEW

Oakwood Plaza Shopping Center at 2128–2148 Jackson Avenue W, Oxford, MS offers a rare opportunity to acquire a fully occupied, approximately 75,000 SF retail center in one of Mississippi’s most dynamic university markets. Positioned on roughly 5.9 acres along highly trafficked Jackson Avenue with visibility to more than 23,000 vehicles per day, the property combines strong in-place cash flow with future upside. Anchored by a compelling mix of national retailers including Ashley Furniture, Harbor Freight, O’Reilly Auto Parts, and Hollywood Feed, the center draws approximately 75% of its rental income from nationally recognized tenants. All leases are structured as NNN, creating an efficient, management-friendly investment profile. Located just one mile from the University of Mississippi, Oakwood Plaza benefits from the energy of Oxford’s expanding population, thriving retail base, and growing student enrollment. Recent leasing activity has fully stabilized the asset, while over $300,000 in recent capital improvements—including roof work, painting, repairs, and parking lot restriping—support long-term performance. An additional value-add component comes through a planned frontage outparcel along Jackson Avenue, offering the potential for incremental NOI and enhanced street presence.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

256

LAND DETAILS

LAND ACRES

5.9 AC

LAND SF

257,004 SF

ZONING

Commercial

APN/PARCEL ID

139D-30-125.00

ASK ABOUT THIS PROPERTY

Joel ReevesCannon Cleary McGrawMore Info
601-942-0132

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Joel ReevesCannon Cleary McGrawMore Info
601-942-0132

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