Property summary
This exceptional sublease opportunity presents a 2,911 square foot restaurant space in Ridgeland, Mississippi. Located at 780 Lake Harbour Dr, 39157, this single-tenant property sits on 8.34 acres of land zoned C-2A (APN: 072I-29D-002/03.00). The property boasts a high-traffic location on a five-lane arterial street, Lake Harbour Drive, recently extended to provide direct access to Highland Colony Parkway and the new Costco. This area enjoys exceptional visibility and accessibility, with a daily traffic count of 26,000 vehicles passing the property and an additional 15,000 on nearby Old Canton Road. Nearby businesses include Kroger, Walgreens, Planet Fitness, Wendy's, Shell, Applebee's, banks, apartments, and Northpark Mall (1.2 miles away). The sublease term expires July 30, 2030. Property taxes are $4.80 per square foot. This is an ideal location for a variety of restaurant concepts, benefiting from strong existing infrastructure and high consumer traffic. The entire 2,911 square foot building is currently vacant. This presents a unique chance to establish a thriving business in a high-demand area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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