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    2014 Highway 45 Meridian, MS 39301

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    For Lease
    Contact for pricing

    Fully Leased Retail Center, Lauderdale County

    Lot size:
    70,117 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Eastgate Plaza, a single-story retail center in Lauderdale County, offers 70,117 square feet of prime retail space. Built in 1986 and renovated in 1996, this property boasts a strong tenancy with no current vacancies. The center features ample parking with 305 spaces available for customers and employees. The building is comprised of multiple retail units, currently all occupied, ranging in size from approximately 2,196 square feet to 7,200 square feet. There are no elevators in this single-story building. The property's excellent location within Lauderdale County ensures high visibility and accessibility for businesses. Its established presence and consistent occupancy make it an attractive investment opportunity for those seeking a stable and profitable retail portfolio addition. The property's 1996 renovation ensures modern amenities and functionality, attracting a diverse range of tenants. With its substantial square footage and ample parking, Eastgate Plaza presents a compelling opportunity for investors seeking a well-maintained and fully leased retail property in a desirable location. The property's history of successful tenancy speaks to its strong market position and potential for continued growth. Interested parties are encouraged to inquire for further details.

    Property Features for 2014 Highway 45

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,117 SF

    Building Details

    Year Built/Renovated
    1986/1996
    Stories
    1

    Unit(s) available at that property

    Space
    Suite D
    Size
    7,200 SF
    Space
    Suite B
    Size
    2,196 SF

    HighLights

    • 70,117 square foot retail center in Lauderdale County.
    • 100% occupied multi‑tenant retail property.
    • Built in 1986, renovated in 1996.
    • Features 305 parking spaces.
    • No elevators.
    • Two available spaces ranging from 2,196 to 7,200 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Money Transfer Service Cardtronics ATM Atm Event Zona Meridian Bowling Alley Event Zona - Meridian Bowling Alley Meridian Discount Tobacco Tobacco Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.678822
    Latitude
    32.3771394

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    FAQs

    What type of property is this?
    Retail property - Fully Leased Retail Center, Lauderdale County
    Where is this retail property located?
    The property is located at 2014 Highway 45 Meridian, MS.
    What are key features of this property?
    This property features: 70,117 square foot retail center in Lauderdale County.; 100% occupied multi-tenant retail property.; Built in 1986, renovated in 1996.
    Request Owner's contact information
    2014 Highway 45 Meridian, MS 39301
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    Meridian, MS 39301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2014 Highway 45 Meridian, MS 39301
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