4000 S Frontage Rd - Storefront FOR SALE
Vicksburg, MS 39180 |
4000 S Frontage Rd
Vicksburg, MS 39180
HIGHLIGHTS
- STARTING BID $400,000 | $308k NOI | AUCTION SEPTEMBER 27-29, 2022
- ±96,429 Square Foot, Multi-Tenant, Community Retail Center Positioned on Expansive ±9.4 Acre Parcel Just Minutes from the Mississippi Louisiana Border
- ±74.79% Percent Occupied and Complemented by a Diverse Mix of Local Tenants; Well-Seated in the Local Market With Recent Leasing Velocity
- Strong Cash Flow with Upside Via Vacancy Absorption, Escalations, Staggered Lease Expirations and Options | Recent Capex includes Parking Lot Upgrades
- Positioned Adjacent to a Cracker Barrel Old Country Store (NAP) and within a ½ Mile of Several Hotels including Quality Inn, Courtyard by Marriott
- Highly Accessible Location Strategically Located Just Off I-20 (±48,740 VPD) and US-80 (±15,833 VPD) near Hwy-27 (±13,057 VPD) in Retail Corridor
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Auction | Vicksburg Commons | $267K NOI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
96429
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
490
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0957-22-0120-0025-00
