Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 1:45AM

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Investment Insights

Based on property information with market context.

This retail investment property is being offered for sale and includes 8,320 SF of retail space. The listing provides a stated 7.80% cap rate.

The property is located at 2071 Highway 51 in Wesson, MS 39191.

For buyers and brokers, the key offering terms and income metric provided in the public remarks are a retail configuration with a stated cap rate; additional details beyond the listed size and cap rate are not included in the provided information.

Key Highlights

• Retail property for sale with 8,320 SF
• Stated 7.80% cap rate

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Building Supply Furniture & Home Goods Dental Office HVAC Service Auto Parts Store Grocery & Convenience Store

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

99

Businesses Nearby

20k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 90% Home Improvements & Furnishings 10%

Marathon Petroleum Shops & Services

6,321 visits/mo 0.2 miles

Family Dollar Shops & Services

6,099 visits/mo 0.2 miles

Dollar General Shops & Services

5,577 visits/mo 0.3 miles

Wesson Ace Hardware Home Improvements & Furnishings

1,923 visits/mo 0.3 miles

Demographics for 39191, MS

8,280

Population

3,386

Households

2.4

Avg Household Size

37

Median Age

16%

College-Educated

90%

High-School Grad

220.4 sq mi

ZIP Area

38

Density / Sq Mi

$55,326

Median Household Income

$36,909

Median Earnings

$897

Median Rent

$118,700

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

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What type of property is this? Where is this retail space 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?

Retail space - Retail property offered for sale with 8,320 SF and a stated 7.80% cap rate.

Where is this retail space located?

The property is located at 2071 Highway 51 Wesson, MS.

What are key features of this property?

This property features: Retail property for sale with 8,320 SF; Stated 7.80% cap rate