Ashley HomeStore NNN
6129 Airways Blvd, Southaven, MS 38671
For Sale
Contact for pricing
The single-tenant asset has an absolute NNN lease with no landlord responsibilities.
Property Size44,802 SF
Lot Size4.58 Acres
Price / SF$206.38
Days on Market27
Property Features for 6129 Airways Blvd
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Traffic Count
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License #SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:38PM
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 Cushman & Wakefield - Phoenix, Arizona
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Investment Insights
Based on property information with market context.
Built in 2008, the property contains a 44,802-SF Ashley HomeStore showroom on 4.58 acres. Ashley has operated at the site since rent commenced in 2013. The absolute NNN lease runs through November 30, 2030, and includes three five-year renewal options. Annual rent adjustments are tied to the lesser of 1.375% or 1.25x CPI, with the next adjustment scheduled for 12/1/2026.
At 6129 Airways Boulevard in Southaven, the property is less than one-half mile from Interstate 55, which carries approximately 71,413 vehicles per day. Nearby national retailers include Costco Wholesale, Target, Walmart Supercenter, Lowe’s, and Best Buy. More than 101,000 residents live within five miles, and average household income in that radius is approximately $91,248. The area is part of the Greater Memphis metropolitan area.
At 6129 Airways Boulevard in Southaven, the property is less than one-half mile from Interstate 55, which carries approximately 71,413 vehicles per day. Nearby national retailers include Costco Wholesale, Target, Walmart Supercenter, Lowe’s, and Best Buy. More than 101,000 residents live within five miles, and average household income in that radius is approximately $91,248. The area is part of the Greater Memphis metropolitan area.
Key Highlights
- 44,802 SF showroom on 4.58 acres; built in 2008
- Single‑tenant Ashley HomeStore operated at the site since 2013
- Absolute NNN lease through November 30, 2030, with three five‑year renewal options
Property Analytics
Who owns this building?
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Current Use
Lease Details
71,413 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
166k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 49%
Beauty & Spa 18%
Shops & Services 15%
Dining 10%
Dillard's
Apparel
47,473 visits/mo
0.3 miles
Bath & Body Works
Beauty & Spa
30,413 visits/mo
0.4 miles
Jo-Ann Fabric and Craft
Shops & Services
13,659 visits/mo
0.4 miles
Kirkland's
Home Improvements & Furnishings
9,387 visits/mo
0.4 miles
Citi Trends
Apparel
8,903 visits/mo
0.4 miles
Demographics for 38671, MS
36,073
Population
15,565
Households
2.3
Avg Household Size
36
Median Age
21%
College-Educated
91%
High-School Grad
22.2 sq mi
ZIP Area
1,625
Density / Sq Mi
$61,744
Median Household Income
$41,685
Median Earnings
$1,319
Median Rent
$176,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The single-tenant asset has an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 6129 Airways Blvd Southaven, MS.
What is the asking price?
The asking price for this property is $9,246,209.
What are key features of this property?
This property features: 44,802 SF showroom on 4.58 acres; built in 2008; Single‑tenant Ashley HomeStore operated at the site since 2013; Absolute NNN lease through November 30, 2030, with three five‑year renewal options
