Remodeled Retail Building Near
For Sale
Contact for pricing
6010 I 55 N, Jackson, MS
Remodeled 5,508 SF retail building with high visibility and ample parking.
Property Size5,508 SF
Lot Size1.10 Acres
Price / SF$253.27
Days on Market1181
Property Features for 6010 I 55 N
General Information
Standard status
Active
Size
5,508 SF
Lot size
1.10 Acres
Property subtype
RETAIL
Listing Agency:
CBRE | Jackson
(601) 420-8080
Listed By:
Richard Ridgway · License #TN 310087
(601) 573-9222
Source:
Moodyscre
Added: Jul 27, 2023
Changed: Oct 16
Last Checked: Oct 19 at 4:43AM
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 CBRE | Jackson
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Investment Insights
Based on property information with market context.
This retail property features a building size of approximately 5,508 square feet and is situated on a lot of about 1.31 acres. Constructed in 1994 and fully remodeled in 2012, the property is zoned C-3. It benefits from high visibility, with exposure to Interstate 55 (I-55), which sees approximately 98,000 vehicles per day (VPD), and Adkins Boulevard, with around 18,000 VPD. The property includes a large interstate pylon sign and ample parking, offering 105 total parking spaces, exceeding 19 spaces per 1,000 square feet.
Key Highlights
- Excellent visibility from I‑55 (98,000 VPD) and Adkins Blvd. (18,000 VPD)
- Ample parking with 105 total parking spaces
- Large interstate pylon sign
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,595
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,091,900
$1.1M
Cap Rate 7%
$779,929
$779.9K
Cap Rate 9%
$606,611
$606.6K
Market Conditions
NOI Build-Up for 5,508 SF
Gross rent
$82.6K $15.00/SF
− Vacancy
−$4.6K −$0.84/SF
EGI
$78.0K $14.16/SF
− OpEx
−$23.4K −$4.25/SF
NOI
$54.6K $9.91/SF
Area
Jackson, MS
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,091,900
Cap Rate 7%
$779,929
Cap Rate 9%
$606,611
Alternative Uses
Best Use
Retail
$779.9K
$682.4K – $909.9K
NOI $54,595 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$943.9K
$825.9K – $1.10M
NOI $66,070 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - Remodeled 5,508 SF retail building with high visibility and ample parking.
Where is this retail property located?
The property is located at 6010 I 55 N Jackson, MS.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Excellent visibility from I‑55 (98,000 VPD) and Adkins Blvd. (18,000 VPD); Ample parking with 105 total parking spaces; Large interstate pylon sign
