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Retail Ground Lease Investment
For Sale
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1419 Ellis Avenue, Jackson, MS 39204

Retail property offered for sale with a corporate ground lease structure and stated 6% cap rate.

Property SizeContact for details
Days on Market100

Property Features for 1419 Ellis Avenue

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $62,124

Building Details

Year Built 1991
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: May 29 Changed: Sep 2 Last Checked: Aug 29 at 2:35PM

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 Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This retail property is being offered for sale with an active corporate ground lease. The offering materials cite a 6% cap rate and note the leased ground lease terms are structured as a ground commitment.

The property address is 1419 Ellis Avenue, Jackson, MS 39204.

Additional details such as building size, unit configuration, lease term length, and tenant or operating specifics are not provided in the available information.

Key Highlights

  • 6% cap rate stated in the listing
  • Corporate ground lease structure
  • Built in 1991

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Electrical Service Kitchen & Bath Showroom Gym & Fitness 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.

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 39204, MS

15,433
Population
7,613
Households
2
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
9.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$31,667
Median Household Income
$23,862
Median Earnings
$890
Median Rent
$68,200
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a corporate ground lease structure and stated 6% cap rate.
Where is this retail space located?
The property is located at 1419 Ellis Avenue Jackson, MS.
What is the asking price?
The asking price for this property is $1,035,400.
What are key features of this property?
This property features: 6% cap rate stated in the listing; Corporate ground lease structure; Built in 1991
(704) 375-7771 Call to check price and availability
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