5225 W Highway 18 - Freestanding FOR SALE


Jackson, MS 39209- South Jackson
$4,900,000 USD
212-203-6971
5225 W Highway 18, Jackson, MS for Sale
$4,900,000 USD
Freestanding - FOR SALE
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null | Request Cap Rate

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5225 W Highway 18
Jackson, MS 39209
South Jackson


OVERVIEW

Jackson, MS Retail Portfolio Asking Price (Portfolio): $4,150,000?Cap Rate: 9.0% (in-place)?Combined NOI: $376,108?Optional Add-On: 1230 E County Line Rd ($2,000,000 | 9% Cap | NOI $180,802) Two multi-tenant retail properties in Jackson and Ridgeland, MS, anchored by high-traffic corridors and major retail neighbors. Highway 18 Plaza provides a value-add lease-up opportunity, while Northpark Station delivers stabilized cash flow.  County Line Retail can be added for scale. Property 1: Highway 18 Plaza ?? 5225 Hwy 18 W, Jackson, MS * Asking: Included in portfolio * Building Size: 12,350 SF * Land Area: 1.41 Acres * Occupancy: 66% (Master Lease being offered) * NOI: $177,898 * Gross Operating Income (GOI): $218,904 * Expenses: $46,231 * Year Built: 1986 * Parking: 53 spaces * Traffic: 32,000 VPD * Tenants: Subway (renewed 5-year extension), Vape Con, Super Clean LaundryHwy 18 OM_9.25.25? * Highlights: * Across from Walmart Supercenter & Lowe’s * 1 mile from Jackson State University (10,000+ students) * Strong visibility with 189’ frontage on MS-18 * Value-add in leasing vacancies * Opportunity Zone designation Property 2: Northpark Station ?? 201 Ring Rd, Ridgeland, MS * Asking: Included in portfolio * Building Size: 15,401 SF * Land Area: 1.71 Acres * Occupancy: 100% * NOI: $200,655 * Gross Operating Income (GOI): $267,125 * Expenses: $62,145 * Year Built: 2005 | Renovated 2013/2018 * Parking: 89 spaces * Traffic: 40,000 VPD * Tenants: Subway, C&C Catering, Vap Con, Super Clean Laundry, Exclusive Cuts201 OM? * Highlights: * Prime Northpark Mall retail corridor location * Service-oriented tenant mix ensures recurring demand * Ample parking and visibility (243’ Ring Rd frontage) * Opportunity Zone designation Optional Add-On: County Line Retail ?? 1230 E County Line Rd, Ridgeland, MS * Asking: $2,000,000 * Cap Rate: 9.0% * Building Size: 11,206 SF * Land Area: 1.71 Acres * Occupancy: 100% * NOI: $180,802 * Year Built: 2008 * Parking: 37 spaces * Traffic: 40,000 VPD * Tenants: Plato’s Closet, US Coast Guard, Wireless Wizard, Once Upon a Child * Highlights: * County Line corridor retail hub near Northpark Mall * Government + national/regional tenant mix * Strong frontage & traffic exposure * Opportunity Zone designation Investment Highlights * 9.0% blended cap rate on in-place income. * High-traffic corridors (32K–40K VPD) near Walmart, Lowe’s, and Northpark Mall. * Stabilized + Value-Add Balance: Northpark Station (100% leased) + Hwy 18 Plaza (lease-up upside at 66% occupancy). * Optional scalability: Add County Line for total NOI of $556,910 at 9% cap. * Tax Incentives: All properties sit in Opportunity Zones.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Highway 18 Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

C2

APN/PARCEL ID

0830-0082-012

ASK ABOUT THIS PROPERTY

Henry GalassoEast Coast Business Brokers C/O East Coast RealtyMore Info
212-203-6971

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Henry GalassoEast Coast Business Brokers C/O East Coast RealtyMore Info
212-203-6971

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