1157 Casino Center Dr Tunica Resorts, MS 38664

This 14,300 square foot, single-story shopping center in Tunica Resorts, MS, presents a compelling value-add investment opportunity. Located at 1157 Casino Center Dr, 38664, this property boasts a prime location at the entrance to five heavily trafficked casinos, benefiting from the significant $450 million investment in the Gold Strike Casino in 2023. Currently featuring three tenants across five units with 50% occupancy and a remaining lease term of 2.3 years, the center offers substantial potential for increased cash flow through lease-up of the vacant space. Built in 1999, the 1-building property sits on a 3.29-acre lot and offers a mix of retail, office, and potential restaurant/flex spaces. The property is in good condition and has been well-maintained by the seller. Its proximity to major highways, national retailers (Dollar Tree, Family Dollar, AutoZone), and a 300-unit apartment complex further enhances its appeal. The asking price is $750,000, translating to $52.45 per square foot. The current Net Operating Income (NOI) is $15,530. Abundant parking is available. This is an ideal opportunity for owner-users or investors seeking to capitalize on the thriving gaming industry and underserved retail market in the area.