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Restaurant Space in Fairpark District
For Lease
$34 SF/Yr

205 E Troy St, Tupelo, MS 38804

Fully built-out restaurant space in Tupelo's Fairpark District.

Space SizeContact for details
Days on Market169

Property Features for 205 E Troy St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2018
Listing Agency: NAI UCR Properties
Listed By: Alex Wilson, CCIM · License #MS #22859
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 21 at 5:17AM

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 NAI UCR Properties

Investment Insights

Based on property information with market context.

This ±5,600 SF restaurant space is available for lease in Tupelo’s Fairpark District, a mixed-use destination that anchors Downtown Tupelo’s urban renaissance. The Fairpark District is a hub for dining, entertainment, and professional activity. The property is located one block off Main Street and near Downtown’s cultural core. The location benefits from high foot traffic due to nearby retail, office spaces, and hotels. The surrounding area features a walkable, pedestrian-friendly environment with upgraded sidewalks. The space includes all kitchen equipment and an existing grease trap. It is suitable for a full-service restaurant, upscale dining concept, or entertainment venue.

Key Highlights

  • Located in Tupelo's Fairpark District, a premier entertainment destination with high foot traffic.
  • ±5,600 SF fully built‑out restaurant space.
  • Includes all kitchen equipment and existing grease trap.

Property Analytics

Current Use

BankPlus Bank Ross & Yerger Insurance Agency The Grillehouse of Tupelo Restaurant BankPlus Mortgage Center: ... Loan Service North Mississippi Plastic ... Physician

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service

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

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,463
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38804, MS

17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully built-out restaurant space in Tupelo's Fairpark District.
Where is this conventional restaurant located?
The property is located at 205 E Troy St Tupelo, MS.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Located in Tupelo's Fairpark District, a premier entertainment destination with high foot traffic.; ±5,600 SF fully built‑out restaurant space.; Includes all kitchen equipment and existing grease trap.
More about this property
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