Building Details

Tenancy Multi

Listing Agency: Legacy Real Estate Advisors m***@legacycrea.com Show Phone

Listed By: Dominic Shamany · License ##6501443387 Show Phone

Source: Moodyscre

Added: Sep 19, 2024 Changed: Jul 31 Last Checked: Aug 6 at 8:10AM

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Investment Insights

Based on property information with market context.

Meridian Town Center is a shopping center anchored by Office Depot and Rent A Center. The property is sized at 40,933 SF and is situated near major retail destinations.

The center is adjacent to a Walmart Supercenter and Lowe's Home Improvement and is within walking distance to Uptown Meridian Shopping Mall. Traffic passing the site on S Frontage Rd is reported at 40,000+ vehicles per day. Demographics include 18,900+ people residing within a 3-mile radius, along with more than 25,500 daytime employees within 3 miles.

The property is also in close proximity to Meridian State University and Meridian Community College, supporting consistent daytime activity in the surrounding area.

Key Highlights

• Anchored by Office Depot and Rent A Center
• 40,000+ vehicles pass daily on S Frontage Rd
• Adjacent to Walmart Supercenter and Lowe's Home Improvement

Property Analytics

Current Use

Animal Medical Supply Veterinary Clinic Office Depot Print ... (Bike/Boat/Book/etc) Store Office Depot Tech ... Tech Support Center Maria's Mexican Restaurant Restaurant Animal Medical Supply: ... Veterinary Clinic

Suggested Use

Top Pick Dental Office Storage Facility Real Estate Agency HVAC Service Veterinary Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

427

Businesses Nearby

284k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 40% Dining 22% Home Improvements & Furnishings 14% Shops & Services 13%

Walmart Superstores

113,128 visits/mo 0.3 miles

Lowe's Home Improvements & Furnishings

39,057 visits/mo 0.2 miles

Murphy USA Shops & Services

31,107 visits/mo 0.2 miles

Dillard's Apparel

18,761 visits/mo 0.4 miles

Cook Out Dining

16,925 visits/mo 0.3 miles

Demographics for 39301, MS

23,537

Population

11,047

Households

2.1

Avg Household Size

39

Median Age

16%

College-Educated

83%

High-School Grad

260.7 sq mi

ZIP Area

90

Density / Sq Mi

$42,701

Median Household Income

$34,804

Median Earnings

$888

Median Rent

$105,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center anchored by Office Depot and Rent A Center with 40,000+ vehicles passing daily on S Frontage Rd.

Where is this shopping center located?

The property is located at 110 15 Pl S Meridian, MS.

What is the asking price?

The asking price for this property is $3,440,934.

What are key features of this property?

This property features: Anchored by Office Depot and Rent A Center; 40,000+ vehicles pass daily on S Frontage Rd; Adjacent to Walmart Supercenter and Lowe's Home Improvement