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    1404 Old Aberdeen Rd Columbus, MS 39705

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail center, spaces available.

    Lot size:
    304,262 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Leigh Mall, located at 1404 Old Aberdeen Rd, Columbus, MS 39705, presents a prime retail investment opportunity. This 304,262 square foot commercial property boasts a multi-tenant configuration, offering spaces ranging from 3,500 to 65,340 square feet. Currently undergoing a major redevelopment, Leigh Mall is strategically positioned within a thriving Columbus retail hub, benefitting from significant frontage along Highway 45. The enhanced visibility is further amplified by convenient access via multiple traffic signals. The redevelopment includes the addition of outward-facing retail spaces, maximizing exposure and accessibility for businesses. For those seeking standalone presence, outparcel options are also available. This property is ideal for a variety of retail uses, including restaurants, and represents a unique chance to establish or expand a business in a high-demand location. The property's size and flexible space options cater to a wide range of business needs, making it an attractive investment for both established companies and emerging enterprises. The location's high visibility and convenient access ensure maximum customer reach and operational efficiency.

    Property Features for 1404 Old Aberdeen Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    304,262 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    50,000 SF
    Space
    Outparcel
    Size
    65,340 SF
    Space
    Available Space 2
    Size
    10,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    bealls Shoe Store rue21 Clothing Store Hibbett Sports Shoe Store Sports Additions Shoe Store Dollar Tree Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Lowndes
    State
    Mississippi
    Longitude
    -88.432552780885
    Latitude
    33.511835229426

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail center, spaces available.
    Where is this restaurant located?
    The property is located at 1404 Old Aberdeen Rd Columbus, MS.
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    1404 Old Aberdeen Rd Columbus, MS 39705
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    Columbus, MS 39705
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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
    1404 Old Aberdeen Rd Columbus, MS 39705
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