214 W Bankhead St - Freestanding FOR SALE


New Albany, MS 38652
$1,215,000 USD
662-231-4262
214 W Bankhead St, New Albany, MS for Sale
$1,215,000 USD
Freestanding - FOR SALE
1/5
null | 7.85% Cap Rate

214 W Bankhead St
New Albany, MS 38652


HIGHLIGHTS

  • Mix of National, regional, and local tenants
  • Strong tenant mix providing Diverse customer base
  • Excellent investment opportunity wilh low vacany rates

OVERVIEW

This well-positioned neighborhood strip center is located in a strong retail corridor of New Albany, Mississippi, offering excellent visibility, steady daily traffic, and reliable corporate tenancy. The center is anchored by a corporate NAPA Auto Parts store, providing a stable national credit tenant that consistently attracts repeat customers and drives traffic to the surrounding businesses. Additional tenants include: • Patterson Food Sevice – A locally popular retailer contributing to consistent foot traffic and community presence. • Drayer Physical Therapy – A well-established regional physical therapy provider, adding medical-service stability and drawing steady daytime consumer activity. The property features convenient front-door parking, strong curb appeal, and a layout ideal for service-oriented and destination tenants. With its blend of national credit, medical, and local tenancy, this strip center offers a diversified, low-vacancy investment profile in one of New Albany’s most active commercial areas.

FOR SALE DETAILS

PRICE

$1,215,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Napa Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

032N-08-040.09

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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