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Three-Tenant Retail Center
For Sale
Contact for pricing
Pending

1005 S State St, Clarksdale, MS 38614

Multi-tenant retail property with NN leases and CAM reimbursements from two occupants.

Property SizeContact for details
Days on Market143

Property Features for 1005 S State St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 12,064 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Fortis Net Lease
Listed By: Patrick Hammond · License #MI 6501373051
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease

Investment Insights

Based on property information with market context.

This retail property is configured as a three-tenant center with NN lease structures. The occupants identified are C Spire and Adoration Home & Health Hospice Care, with CAM reimbursements provided by both tenants. Recent major upgrades have been completed, and the improvements are described as meticulously maintained.

The property is positioned on a major thoroughfare in Clarksdale, Mississippi, with reported traffic of 12,064 vehicles per day. Downtown Clarksdale is located less than two miles away. The offering also includes lease-related characteristics associated with passive ownership and 1031 exchange considerations, as stated in the property information.

Key Highlights

  • Three‑tenant retail center with NN leases
  • C Spire and Adoration Home & Health Hospice Care are identified occupants
  • Full CAM reimbursements from C Spire and Adoration Home & Health Hospice Care

Property Analytics

Current Use

Ms Delta Council-Farm ... Charitable Organization C Spire Mobile Phone Store Diva Nails & Spa Nail Salon U.S. Army Recruiting ... Military Recruiting Office PLS Auto Title ... Loan Service

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12,064 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

Demographics for 38614, MS

16,970
Population
7,793
Households
2.2
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
242.7 sq mi
ZIP Area
70
Density / Sq Mi
$36,273
Median Household Income
$27,059
Median Earnings
$762
Median Rent
$91,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant retail property with NN leases and CAM reimbursements from two occupants.
Where is this retail space located?
The property is located at 1005 S State St Clarksdale, MS.
What are key features of this property?
This property features: Three‑tenant retail center with NN leases; C Spire and Adoration Home & Health Hospice Care are identified occupants; Full CAM reimbursements from C Spire and Adoration Home & Health Hospice Care
More about this property
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