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    601 Ms-12 Starkville, MS

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    For Sale
    $3,793,312

    New 10-year lease with investment-grade tenant on MS Highway-12.

    Property size:
    5,560 SF
    Lot size:
    10.18 Acres

    Property Features for 601 Ms-12

    General Information

    Size
    5,560 SF
    Lot size
    10.18 Acres

    Source: Market Street Retail Advisors Agent Ben Sullivan

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

    Overview

    Starkville Retail Investment Opportunity

    This retail property, opened in 2024, features a brand new 10-year lease term. The lease includes a 10% rent increase in year 5, along with multiple renewal options, each with a 10% increase in the option period. Situated on MS Highway-12, the location benefits from high traffic volume, with over 27,000 vehicles per day. The property is an outparcel to the Triangle Crossing Center, which includes national tenants such as Five Below, PetSmart, Ulta, and Marshall’s, attracting approximately 680,000 visitors annually. The property size is 5,560 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Starkville
    County
    Oktibbeha
    State
    Mississippi
    Longitude
    -88.8183872
    Latitude
    33.4503998

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    FAQs

    What type of property is this?
    Retail space - New 10-year lease with investment-grade tenant on MS Highway-12.
    Where is this retail space located?
    The property is located at 601 Ms-12 Starkville, MS.
    What is the asking price?
    The asking price for this property is $3,793,312.
    What are key features of this property?
    This property features: - Brand new 10 year lease term, opened 2024; - Located on MS Highway-12 with **27,000+ VPD**; - Outparcel to the Triangle Crossing Center, with national tenants such as Five Below, PetSmart, Ulta, and Marshall’s, which attracts 680K visitors annually (Placer.ai)
    (615) 309-6100
    Request Owner's contact information
    601 Ms-12 Starkville, MS
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    Starkville, MS
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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
    601 Ms-12 Starkville, MS
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