306 E Sunflower Rd Cleveland, MS 38732

Listing Agency NVST Real Estate Solutions Show Phone

Listed by Hardtner Klumpp · License #LA 0995681882

Source Crexi

Added: Apr 22, 2024 Checked: Jul 16 at 12:57 pm

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Investment Insights

Based on property information with market context.

This retail property, located on Sunflower Road between Memphis, TN, and Jackson, MS, presents an investment opportunity. The property is situated near the Grammy Museum and national retailers such as Walgreens and Kroger. The building is occupied by a corporate tenant, Tractor Supply, described as the largest rural lifestyle retailer in the U.S. The lease has 11 years remaining, with additional renewal options. The property offers a passive income stream with minimal landlord responsibilities. The building is in excellent condition and has favorable lease terms.

Key Highlights

• Long‑term occupancy with Tractor Supply, a major national retailer.
• 11 years remaining on the lease with renewal options.
• Passive income stream with minimal landlord responsibilities.

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FAQs

What type of property is this?

Retail space - Retail property with long-term corporate tenant, Tractor Supply.

Where is this retail space located?

The property is located at 306 E Sunflower Rd Cleveland, MS.

What is the asking price?

The asking price for this property is $2,417,963.

What are key features of this property?

This property features: Long‑term occupancy with Tractor Supply, a major national retailer.; 11 years remaining on the lease with renewal options.; Passive income stream with minimal landlord responsibilities.