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    1904-1908 University Ave Oxford, MS 38655

    For Lease
    $0.00-$15 SF/Yr

    High-traffic retail space, Oxford, MS

    Lot size:
    43,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail investment opportunity presents 43,000 square feet of prime commercial space within the Oxford East Shopping Center, located at 1904-1908 University Ave, Oxford, MS 38655. Situated on a 1.1-acre lot, this multi-tenant shopping center boasts 293 parking spaces, ensuring ample convenience for customers. Currently, there are 7,336 square feet of vacant space available, divisible into units as small as 2,500 square feet, with a maximum contiguous space of 4,836 square feet. This presents a unique chance for businesses seeking flexible space options in a thriving Mississippi market. The property's location in Lafayette County offers excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. The property type is retail, specifically a shopping center, providing a strong foundation for a successful business. The address is conveniently located on University Avenue in Oxford, Mississippi. This property is an excellent opportunity for investors seeking a strong return in a growing market. The existing infrastructure and ample parking provide a significant advantage for potential tenants. The flexible space options cater to a wide range of business needs, making this a highly desirable investment.

    Property Features for 1904-1908 University Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,000 SF

    Unit(s) available at that property

    Space
    Outparcel Ground Lease
    Size
    0 SF
    Rate per SF
    $15
    Space
    1912-B
    Size
    5,000 SF

    HighLights

    • 2,500 SF suite available for lease.
    • 1.1‑acre outparcel available for ground lease.
    • 43,000 SF shopping center.
    • $15.42/SF NNN base rent.
    • $2.15/SF operating expenses.
    • 293 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.5085778
    Latitude
    34.3616693

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Oxford, MS
    Where is this retail property located?
    The property is located at 1904-1908 University Ave Oxford, MS.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF suite available for lease.; 1.1-acre outparcel available for ground lease.; 43,000 SF shopping center.
    Request Owner's contact information
    1904-1908 University Ave Oxford, MS 38655
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    Oxford, MS 38655
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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
    1904-1908 University Ave Oxford, MS 38655
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