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    2107 24 avenue Meridian, MS 39301

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $12 SF/Yr ($7,958 /Mo)

    Prime 7,958 SF retail space, former Family Dollar.

    Lot size:
    7,958 SF

    Description

    Added:
    Mar 9, 2025
    Days on Market:
    303
    This exceptional 7,958-square-foot retail space presents a unique sublease opportunity in Meridian, Mississippi. Previously occupied by a Family Dollar store, this property boasts a highly visible location with direct access to both 24th Avenue and 21st Street, ensuring excellent street visibility and accessibility for customers. The building itself is in excellent condition, featuring a durable brick exterior. An existing sign pylon is already in place, minimizing setup costs for a new tenant. The interior space offers ample room for a variety of retail uses, benefiting from the established infrastructure and layout of a former successful business. The sublease agreement extends until March 31st, 2032, providing a substantial lease term for long-term planning and stability. The property is situated at 2107 24th Avenue, Meridian, MS 39301, offering convenient access for both employees and customers. This is a NNN lease with an annual rate of $12 per square foot. The building's size and location make it an ideal opportunity for businesses seeking a well-established retail presence in a thriving Meridian community. Interested parties should inquire for further details and lease terms.

    Property Features for 2107 24 avenue

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    7,958 SF
    Elevators
    N/A
    Total Rate
    7958

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 7,958 square foot retail space available for sublease in Meridian, MS.
    • Convenient location with direct access to 24th Avenue and 21st Street, plus a sign pylon.
    • Sublease term extends until March 31, 2032, in a well‑maintained brick building.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    State
    Mississippi
    Longitude
    -87.857968
    Latitude
    30.659574

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    FAQs

    What type of property is this?
    Other retail property - Prime 7,958 SF retail space, former Family Dollar.
    Where is this other retail property located?
    The property is located at 2107 24 avenue Meridian, MS.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 7,958 square foot retail space available for sublease in Meridian, MS.; Convenient location with direct access to 24th Avenue and 21st Street, plus a sign pylon.; Sublease term extends until March 31, 2032, in a well-maintained brick building.
    (251) 342-7229
    Request Owner's contact information
    2107 24 avenue Meridian, MS 39301
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    Meridian, MS 39301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2107 24 avenue Meridian, MS 39301
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