Building Details

Year Built 1970

Listing Agency: NVST Real Estate Solutions

Listed By: Blake Soto · License #995711584 Show Phone

Source: Lacdb.resimplifi

Added: Mar 26 Changed: Oct 14 Last Checked: Oct 16 at 5:46AM

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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 NVST Real Estate Solutions

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Investment Insights

Based on property information with market context.

This retail property, located on Sunflower Road between Memphis, TN, and Jackson, MS, presents an investment opportunity. The property is situated near the Grammy Museum and national retailers such as Walgreens and Kroger. The building is occupied by a corporate tenant, Tractor Supply, described as the largest rural lifestyle retailer in the U.S. The lease has 11 years remaining, with additional renewal options. The property offers a passive income stream with minimal landlord responsibilities. The building is in excellent condition and has favorable lease terms.

Key Highlights

• Long‑term occupancy with Tractor Supply, a major national retailer.
• 11 years remaining on the lease with renewal options.
• Passive income stream with minimal landlord responsibilities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Garden Center Skin Care Clinic Plumbing Service HVAC 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.

Location Intelligence

Trade Area within ½ mile

761

Businesses Nearby

Explore this area Business Placement

Demographics for 38732, MS

17,652

Population

7,354

Households

2.4

Avg Household Size

36

Median Age

32%

College-Educated

84%

High-School Grad

88.3 sq mi

ZIP Area

200

Density / Sq Mi

$44,239

Median Household Income

$34,531

Median Earnings

$776

Median Rent

$163,000

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 with long-term corporate tenant, Tractor Supply.

Where is this retail space located?

The property is located at 306 E Sunflower Rd Cleveland, MS.

What is the asking price?

The asking price for this property is $2,417,963.

What are key features of this property?

This property features: Long‑term occupancy with Tractor Supply, a major national retailer.; 11 years remaining on the lease with renewal options.; Passive income stream with minimal landlord responsibilities.