Property profile

574 Us-51 Ridgeland, MS 39157

OFF-MARKET
Neighborhood centers
16,000 SF
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Property summary

AI-generated overview

Gas Lamp Village, located at 574 US-51 in Ridgeland, Mississippi, offers 16,000 square feet of prime retail space in a thriving strip center. This multi-tenant property boasts a convenient location just north of the intersection of Jackson Street and Highway 51, easily accessible from Interstate 55. The center currently features established tenants including The Trace Grill, Mitchell Anderson Salon, and Lulu Kabab, creating a strong synergy and high foot traffic. There is 6,475 square feet of vacant space immediately available, divisible into units as small as 1,600 square feet, with a maximum contiguous space of 2,875 square feet. The entire property sits on a 16,000 square foot lot, providing ample parking and visibility. This exceptional opportunity is situated in Madison County, Mississippi, zip code 39157, and presents a unique chance to establish or expand your business in a high-demand retail area. The property's strong existing tenant mix and prime location make it an ideal investment for businesses seeking high visibility and a thriving customer base. Contact us today to learn more about this exceptional retail opportunity in the heart of Ridgeland.

Property profile

Verified
Property type Neighborhood centers
Total area 16,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

574 Us-51 Ridgeland, MS 39157
Ridgeland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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