1008 S State St Clarksdale, MS 38614
Retail space with a corporate T-Mobile lease in Clarksdale.
Property size:
2,462 SFLot size:
0.90 AcresProperty Features for 1008 S State St
General Information
- Standard status
- Active
- Size
- 2,462 SF
- Lot size
- 0.90 Acres
Building Details
- Year built
- 2006
Source:
Crexi
Listing Agency: Matthews Listing Agent: Brett Baumgartner
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Space with Corporate Lease
This retail space is located along South State Street, the primary commercial corridor in Clarksdale, and is an outparcel to a high-performing Walmart Supercenter. The property benefits from a population base of approximately 14,844 residents within a 5-mile radius. It has strong connectivity via U.S. Route 61 and U.S. Route 49, with Clarksdale located approximately 75 miles south of Memphis. The property is under a corporate lease with T-Mobile, with over six years remaining on a 10-year absolute NNN lease. T-Mobile is a national wireless carrier serving approximately 139.9 million customers as of Q3 2025, operating over 6,200 retail locations nationwide. The property was fully retrofitted in 2021 to meet T-Mobile’s current specifications. The lease includes a 10% rent escalation in 2027. The surrounding area includes nationally recognized tenants such as Walmart, McDonald’s, Kroger, AutoZone, O’Reilly Auto Parts, Dollar Tree, Murphy USA, Popeyes, Taco Bell, and Hibbett Sports. T-Mobile reported $81.40 billion in total revenue for FY 2024.
Location Intelligence
Current Use by Public Records
Body A’mour
Clothing & Fashion Store
T-Mobile
Mobile Phone Store
Location Insight
- Map
- Local Demand
- City
- Clarksdale
- County
- Coahoma
- State
- Mississippi
- Longitude
- -90.561671
- Latitude
- 34.195035
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FAQs
What type of property is this?
Retail space - Retail space with a corporate T-Mobile lease in Clarksdale.
Where is this retail space located?
The property is located at 1008 S State St Clarksdale, MS.
What are key features of this property?
This property features: - Long-Term Corporate Lease: Over six years remaining on an absolute NNN lease with T-Mobile.; - Prime Retail Location: Strategically positioned on South State Street, a primary commercial corridor, as an outparcel to a high-performing Walmart Supercenter.; - Strong Tenant: T-Mobile, a leading national wireless carrier with impressive financial performance.
