98-110 E Main St - Storefront FOR SALE
Senatobia, MS 38668 |
$1,236,766 USD
866-889-0550
98-110 E Main St
Senatobia, MS 38668
HIGHLIGHTS
- Tenant Stability – Long-term leases in place, with several tenants showing years of commitment to the site, ensuring stable cash flow.
- Rent Growth – Majority of the tenants are paying below market rent, presenting an opportunity for future rent growth.
- Strip Center Intrinsics – Senatobia Shops embodies the low risk associated with smaller, leasable tenant spaces.
- E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
- Attractive retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
- High Yield – High yield investment that rarely comes available.
FOR SALE DETAILS
PRICE
$1,236,766 USD
PRICE/SF
$76 USD /SF
CAP RATE
8.85%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Senatobia Shops
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
CROSS STREETS
Robinson St.
LAND ACRES
0.72 AC
LAND SF
31,193 SF
ZONING
-
APN/PARCEL ID
099B-11-0000602
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