For Sale
$5,300,000

200 Clinton Blvd Clinton, MS 39056

Mississippi Retail Center: High Occupancy, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
130

Highlights

  • $5,300,000 asking price for a 96,857 square foot shopping center in Clinton, MS.
  • 9.01% cap rate with a Net Operating Income (NOI) of $477,356 and 100% occupancy.
  • 13 tenants, anchored by a high-performing Big Lots store, located in a high-traffic retail corridor with major road access.
  • Priced below replacement cost, with low average rent of $5.81 per square foot and strong leasing momentum (4 new leases in the last 3 years).
  • Built in 1974, APN 2861 0236 000, located at 200 Clinton Blvd, Clinton, MS 39056.

Property Details for 200 Clinton Blvd

Property type
Lifestyle centers, Power centers
Square Feet
96,857 SF
Year Built
1974

Location Insight

City
Clinton
County
Hinds
State
Mississippi
Latitude
32.3345359
Longitude
-90.314017
200 Clinton Blvd, Clinton, Mississippi
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Lifestyle center - Mississippi Retail Center: High Occupancy, Strong NOI
Where is the lifestyle center located?
The property is located at 200 Clinton Blvd Clinton, MS.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: $5,300,000 asking price for a 96,857 square foot shopping center in Clinton, MS.; 9.01% cap rate with a Net Operating Income (NOI) of $477,356 and 100% occupancy.; 13 tenants, anchored by a high-performing Big Lots store, located in a high-traffic retail corridor with major road access.
How can I contact the broker?
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200 Clinton Blvd
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