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    1139 Old Fannin Rd Brandon, MS 39047

    Sponsored
    For Lease
    $15 SF/Yr

    Sublet Opportunity: 1,591 SF Retail Space

    Lot size:
    22,443 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Old Fannin Plaza offers a prime sublet opportunity for a savvy entrepreneur. This single-tenant retail space, totaling 1,591 square feet, is located within a larger 22,443 square foot building constructed in 2005. The space is currently available due to a tenant subletting with approximately two years remaining on their lease. Previously configured with a kitchen and divided into multiple rooms, the layout offers flexibility for a variety of uses. While modifications are possible, the space is not suitable for a dine-in restaurant. The previous tenant operated a successful "food to go" business, suggesting a similar model could thrive in this location. The building itself is a single-story structure, offering convenient access and ample space. This presents a unique chance to acquire a well-located retail space at a potentially advantageous lease rate, inheriting a pre-existing build-out that could significantly reduce initial setup costs. The property's location within Old Fannin Plaza provides excellent visibility and accessibility, making it an ideal spot for a variety of retail ventures. Serious inquiries are encouraged to explore this exceptional sublet opportunity.

    Property Features for 1139 Old Fannin Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,443 SF
    Total Rate
    28988.88

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,591 SF
    Rate per SF
    $15

    HighLights

    • Retail property totaling 22,443 square feet.
    • Single‑tenant occupancy.
    • 1,591 square feet currently vacant.
    • Built in 2005.
    • One‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Matt Pitts - State ... Insurance Agency O.E.C. Japanese Express Japanese Restaurant thebarrE Fitness Center The Salon Beauty Salon NextHome Realty Experience Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.04240415
    Latitude
    32.37998985

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    FAQs

    What type of property is this?
    Retail property - Sublet Opportunity: 1,591 SF Retail Space
    Where is this retail property located?
    The property is located at 1139 Old Fannin Rd Brandon, MS.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 22,443 square feet.; Single-tenant occupancy.; 1,591 square feet currently vacant.
    Request Owner's contact information
    1139 Old Fannin Rd Brandon, MS 39047
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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
    1139 Old Fannin Rd Brandon, MS 39047
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