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    123 Grandview Blvd Madison, MS 39110

    Sponsored
    For Lease
    $18 SF/Yr

    Walmart-Anchored Center, High-Traffic Location

    Lot size:
    41,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, totaling 4,250 square feet, is situated within The Boulevard Shoppes, a thriving Walmart-anchored shopping center in Madison, MS. Built in 2005 and renovated in 2021, this single-story, 41,000 square foot building boasts 12 suites and sits on a 6-acre lot at the high-traffic intersection of Main Street and Grandview Boulevard, conveniently located off Interstate 55. The space, previously a fitness center, offers flexible layout options, including several large rooms and two restrooms with showers, easily adaptable for various retail uses. The property benefits from strong co-tenancy with national retailers such as Walmart, Cato, Shoe Show, Dollar Tree, Sally Beauty, and GameStop, as well as a variety of successful local businesses including restaurants and service providers. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 4,250 square feet, making it ideal for a range of retail concepts. The property is zoned commercial and located in a rapidly growing and affluent area of Madison, Mississippi. This prime location and established center offer an unparalleled opportunity for businesses seeking high visibility and strong foot traffic. The property's recent renovation ensures modern amenities and a move-in ready condition.

    Property Features for 123 Grandview Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,000 SF
    Total Rate
    61500

    Building Details

    Year Built/Renovated
    2005/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite L
    Size
    4,250 SF
    Rate per SF
    $18

    HighLights

    • 41,000 SF Walmart‑anchored shopping center in Madison, MS.
    • 1,500 - 4,250 SF retail space available in a 1‑story building.
    • Located at the I‑55 SE corner of Main Street and Grandview Boulevard.
    • Strong tenant mix including national and local retailers.
    • Recently renovated (2021) with existing fitness center build‑out.
    Property Profile Location Intelligence

    Current Use by Public Records

    OEC Japanese Express Japanese Restaurant Karibé Mexican Grill Mexican Restaurant Little Caesars Pizza Pizza Restaurant Shoe Dept. Shoe Store Traditions Wine & Spirits Wine Store

    Suggested Use

    Law Firm Realty agency Gym & Fitness Wholesale Shop Electrical Service Nursing Home Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.133201005962
    Latitude
    32.468172344618

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    FAQs

    What type of property is this?
    Retail property - Walmart-Anchored Center, High-Traffic Location
    Where is this retail property located?
    The property is located at 123 Grandview Blvd Madison, MS.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 41,000 SF Walmart-anchored shopping center in Madison, MS.; 1,500 - 4,250 SF retail space available in a 1-story building.; Located at the I-55 SE corner of Main Street and Grandview Boulevard.
    Request Owner's contact information
    123 Grandview Blvd Madison, MS 39110
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    Madison, MS 39110
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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
    123 Grandview Blvd Madison, MS 39110
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