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Off Market
1/9

3999 N Gloster St
Tupelo, MS 38804


HIGHLIGHTS

  • Multi-Tenant Retail Offering | E-Commerce Resistant Tenants | Scheduled Rental Increases | NNN Leases
  • Recent 2019 Construction | Located in High Growth Commercial Trade Area | State of the Art Design & Layout
  • Located Directly Along Primary Commercial Thoroughfare | Close Proximity to Arterial Highways (57,000+ VPD)
  • Strong National/Credit Tenant Presence | Increased Traffic
  • Nearby Mall at Barnes Crossing (833,000 SF of Retail)
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

Tupelo Crossroads is strategically located at the signalized, hard corner intersection of Barnes Crossing Road and N. Gloster Street, a prominent crossroads with over 38,000 combined vehicles passing by daily. In addition, the site is just half a mile west of US Highway 45 (35,000 VPD) and just 1.5 miles north of Interstate 22 (22,000 VPD), making the property easily accessible for consumers within the immediate trade area and neighboring towns. The subject property was recently constructed in 2019 using high quality materials and featuring state-of-the-art architecture and design, with an attractive facade and property layout. Located in the primary retail quadrant of Tupelo, the asset is surrounded by large national/credit tenants such as a 24-hour Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Hobby Lobby, Kroger, Academy Sports + Outdoors, T.J. Maxx, Ashley HomeStore, Kohl’s, Best Buy, Petco, and more, significantly increasing consumer draw to the trade area. In addition, Tupelo Crossroads is within close proximity to the Mall at Barnes Crossing, a 833,000 SF super regional mall anchored by Belk, JCPenney, Dick’s Sporting Goods, and Barnes & Noble. The mall also boasts an 8-screen Cinemark movie theater, 90 specialty shops, and a 600-seat food court, further promoting crossover shopping to the area. The 5-mile trade area is supported by a population of over 32,700 residents with a healthy average household income of nearly $77,000.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Tupelo Crossroads | NNN Leases | 2019 Constr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Medical

TOTAL BUILDING SIZE

10200

STORIES

1

YEAR BUILT

2019

SPRINKLERS

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PARKING SPACES

65

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

083U-07-100-00