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    1409 Adams St Fulton, MS 38843

    Sponsored
    For Lease
    $6 SF/Yr

    High-traffic shopping center with vacancy.

    Lot size:
    49,938 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Fulton Commons, a single-story, Class B shopping center totaling 49,938 square feet, presents a prime retail investment opportunity in Fulton, Mississippi. Located at 1409 S Adams St, zip code 38843, this 1986-built property boasts a strong tenant mix including Food Giant Grocery, Dollar Tree, Family Dollar, and Little Caesar's. Currently, there are 9 suites, with 13,580 square feet of vacant space available. Spaces range from a minimum of 3,800 square feet to a maximum contiguous space of 9,500 square feet. The center benefits from its location on a high-traffic road, ensuring excellent visibility and customer access. Further enhancing the property's appeal, a new Mexican restaurant, Mi Torro, is slated to open in the first quarter of 2023. This addition will undoubtedly contribute to increased foot traffic and overall center vibrancy. The property is situated in Itawamba County and offers a unique chance to capitalize on a thriving retail environment in a well-established shopping center. This is an excellent opportunity for businesses seeking high visibility and a strong customer base in a growing Mississippi market.

    Property Features for 1409 Adams St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,938 SF
    Class
    B
    Total Rate
    24969

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 6
    Size
    9,780 SF
    Rate per SF
    $6

    HighLights

    • 49,938 SF Class B shopping center in Fulton, MS.
    • Located at 1409 S Adams St, 38843.
    • Strong tenant mix including Food Giant, Dollar Tree, Family Dollar, and Little Caesar's.
    • 13,580 SF of vacant space available, suites ranging from 3,800 SF to 9,500 SF contiguous.
    • High‑traffic location with excellent visibility.
    • New Mexican restaurant opening Q1 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store Christy Wheeler, PharmD Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fulton
    County
    Itawamba
    State
    Mississippi
    Longitude
    -88.4027409
    Latitude
    34.2513363

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center with vacancy.
    Where is this lifestyle center located?
    The property is located at 1409 Adams St Fulton, MS.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 49,938 SF Class B shopping center in Fulton, MS.; Located at 1409 S Adams St, 38843.; Strong tenant mix including Food Giant, Dollar Tree, Family Dollar, and Little Caesar's.
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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
    1409 Adams St Fulton, MS 38843
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