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Single-Tenant NNN Retail Investment
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417 E Monroe Ave, Okolona, MS 38860

Single-tenant NNN property offered with a 15-year initial lease term and approximately 10.5 years remaining.

Property Size10,640 SF
Price / SF$135.79
Days on Market78

Property Features for 417 E Monroe Ave

General Information

Standard status Active
Size 10,640 SF
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: Randall Commercial Group
Listed By: Brian Phillips · License #19734
Source: Moodyscre
Added: May 14 Changed: Jul 27 Last Checked: Jul 29 at 3:57PM

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 Randall Commercial Group

Investment Insights

Based on property information with market context.

This is a single-tenant NNN retail investment opportunity. The property is described as having a 15-year initial lease term with approximately 10.5 years remaining (±10.5 years).

The offering is for the property located at 417 E Monroe Ave in Okolona, Mississippi.

Details provided focus on the NNN structure and the lease term remaining, with the property size listed at 10,640 square feet.

Key Highlights

  • NNN single‑tenant investment property
  • 15‑year initial lease term with approximately 10.5 years remaining

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Hair Salon Dental Office Kitchen & Bath Showroom

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 38860, MS

5,535
Population
2,708
Households
2
Avg Household Size
43
Median Age
8%
College-Educated
80%
High-School Grad
138.0 sq mi
ZIP Area
40
Density / Sq Mi
$43,931
Median Household Income
$35,444
Median Earnings
$651
Median Rent
$101,100
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?
NNN property - Single-tenant NNN property offered with a 15-year initial lease term and approximately 10.5 years remaining.
Where is this nnn property located?
The property is located at 417 E Monroe Ave Okolona, MS.
What is the asking price?
The asking price for this property is $1,444,771.
What are key features of this property?
This property features: NNN single‑tenant investment property; 15‑year initial lease term with approximately 10.5 years remaining
(662) 638-0722 Call to check price and availability
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