4180 Northview Dr - Retail FOR SALE


Jackson, MS 39206- Fondren
$850,000 USD
305-206-1286
4180 Northview Dr, Jackson, MS for Sale
$850,000 USD
Retail - FOR SALE
1/19
null | Request Cap Rate

4180 Northview Dr
Jackson, MS 39206
Fondren


HIGHLIGHTS

  • STARTING BID $850,000 | Retail | 97% Occupied | 62% Nationals | Double Digit Cap Rate | 18 VPD | $402K NOI | AUCTION NOVEMBER 2-4
  • 97.7% Occupied Income-Producing Retail ±60,638 SF center generated approximately $402K YE 2025 NOI with just ±1,400 SF currently vacant.
  • Established Long-Term Tenant Roster Family Dollar, Rainbow, Sunnybrook Dentistry, and It’s Fashion Metro occupy ±62% of GLA.
  • Multiple Paths to Incremental NOI Growth Lease-up, contractual increases, renewals, and future mark-to-market opportunities support upside.
  • Potential Outparcel Development Opportunity Northeast corner may support future pad development, subject to lease restrictions and approvals.
  • Commercial with Frontage on 3 Major Roads ±18,200 VPD passing property, with I-55 (±90K VPD) approximately 1.5 miles away.

OVERVIEW

Brokered by Marcus & Millichap, Northwood Shopping Center is a ±60,638-square-foot neighborhood retail center located at 4180 Northview Drive and 4409-4487 North State Street in Jackson, Mississippi. The Property is ±97.69% occupied and generated approximately $402,000 in YE 2025 NOI, supported by a diversified tenant roster led by It’s Fashion Metro, Family Dollar, Sunnybrook Dentistry, and Rainbow. Situated on ±4.44 acres, the center includes 296 surface parking spaces, multiple access points, prominent signage, a ±1,400-square-foot vacancy, and potential outparcel development. Additional upside exists through lease-up, contractual rent increases, tenant renewals, and future mark-to-market opportunities. Approximately $321,000 of capital expenditures were completed from 2022 through June 2026 across exterior improvements, parking, roofing, plumbing, and building systems. Zoned C-3 General Commercial, the Property fronts N State Street with traffic of ±11,000 VPD and sits approximately 1.5 miles from I-55, providing convenient access throughout the Jackson MSA.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - Northwood Shopping Center - 97% Occ

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.44 AC

LAND SF

193,406 SF

ZONING

-

APN/PARCEL ID

0430-0045-000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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