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    4305 8Th Street Ext Meridian, MS 39307

    For Lease
    $8 SF/Yr

    Retail shopping center in Meridian, Mississippi with recent renovations.

    Property size:
    30,531 SF
    Lot size:
    30,531 SF

    Property Features for 4305 8Th Street Ext

    General Information

    Size
    30,531 SF

    Source: Louise Jennings-McCullar Agent Louise Jennings-McCullar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Meridian Retail Shopping Center ForRent

    This retail shopping center is located in Meridian, Mississippi, the seat of Lauderdale County, also known as ”The Queen City”. The property is a large 30,531 square foot building that underwent recent renovations in 2021. The surrounding area has strong demographics with 37,041 residents within a 5-mile radius. The shopping center is currently anchored by Dollar General and O'Reilly Auto Parts. The seller intends to sign a 12-month master lease at the close of escrow for the 3 vacant suites, which measure 600, 1,800, and 3,600 square feet respectively.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Similar Places Nearby

    College Park Shopping Center, Shop Meridian Mall Shopping

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.733837
    Latitude
    32.364118

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    FAQs

    What type of property is this?
    Shopping center - Retail shopping center in Meridian, Mississippi with recent renovations.
    Where is this shopping center located?
    The property is located at 4305 8Th Street Ext Meridian, MS.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Strong 5-mile demographics with 37,041 residents.; - Dollar General and O'Reilly Auto Parts anchor tenants.; - Seller to sign a 12-month master lease for vacant suites.
    (404) 606-3285
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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
    4305 8Th Street Ext Meridian, MS 39307
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