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    1228 Main St Tupelo, MS 38801

    Sponsored
    For Lease
    $264 SF/Yr

    Tupelo, MS: Medical Office Space Available

    Lot size:
    8,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,350 square foot retail building, constructed in 2023, offers prime commercial space in Tupelo, Mississippi. Located on West Main Street, a high-traffic arterial with an average daily traffic count of 20,000, this property boasts excellent visibility and accessibility. The building features three suites in total, with two endcap spaces currently available, ranging from 1,500 to 1,800 square feet. These spaces are delivered as shell spaces, allowing for complete customization to suit your specific business needs. One endcap suite offers the added advantage of drive-thru capability. The property sits on 1.6 acres of land and includes ample parking with 16 spaces. Its strategic location places it in close proximity to downtown Tupelo and Gloster Street, surrounded by established businesses such as O'Reilly's, Todd's Big Star Grocery, and Atmos Gas, ensuring high foot traffic and brand recognition. The building is ideally suited for medical office use, given its subtype classification, and offers a fantastic opportunity for businesses seeking a prominent location in a thriving commercial area. The property is a single-story building, providing easy access and navigation. Don't miss this chance to secure a space in this highly desirable location.

    Property Features for 1228 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,350 SF
    Total Rate
    183700

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    East Endcap - Space 2
    Size
    1,500 SF
    Rate per SF
    $264
    Space
    West Endcap - Space 1
    Size
    1,800 SF
    Rate per SF
    $264

    HighLights

    • 8,350 SF retail building, built in 2023, located on high‑traffic West Main Street in Tupelo, MS (ADT 20,000).
    • Three suites total, two 1,500‑1,800 SF endcap spaces available; shell condition for customization.
    • One endcap suite includes a drive‑thru.
    • 1.6‑acre lot with 16 parking spaces.
    • Excellent location near downtown Tupelo, Gloster Street, and established businesses (O'Reilly's, Todd's Big Star, Atmos Gas).
    • Suitable for medical office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    BP Main Street ... Gas Station Krispy Krunchy Chicken Chicken Restaurant bp gas - main ... Gas Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.726990850309
    Latitude
    34.256109245463

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    FAQs

    What type of property is this?
    Restaurant - Tupelo, MS: Medical Office Space Available
    Where is this restaurant located?
    The property is located at 1228 Main St Tupelo, MS.
    What is the lease rate?
    The lease rate is $264 SF/Yr.
    What are key features of this property?
    This property features: 8,350 SF retail building, built in 2023, located on high-traffic West Main Street in Tupelo, MS (ADT 20,000).; Three suites total, two 1,500-1,800 SF endcap spaces available; shell condition for customization.; One endcap suite includes a drive-thru.
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    1228 Main St Tupelo, MS 38801
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    Tupelo, MS 38801
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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
    1228 Main St Tupelo, MS 38801
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