1212 Jerry Clower Blvd Yazoo City, MS 39194
- Lifestyle centers
- 54,760 SF
- 4.50 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1212 Jerry Clower Blvd
- Year built
- 1977
- Lot size
- 4.50 lot acres
- Property size
- 54,760 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 54,760 square foot shopping center in Yazoo City, Mississippi, presents a compelling investment opportunity. Located at 1212 Jerry Clower Blvd N, 39194, this Class B property boasts a 4.5-acre lot and comprises three single-story buildings, constructed in 1977 and renovated in 2003. Currently, the center has nine tenants under a gross lease structure, with a 67% occupancy rate. A prominent tenant includes Pizza Hut. The current lease agreements have a remaining term of five years. The property features a total of 54,760 square feet, with 5,476 square feet of net rentable space. The center is zoned C3 and offers a strong cap rate of 8.00%. While one tenant, a former Walgreens, vacated on June 30th, 2023, the remaining tenants provide a solid foundation for future growth and income. This multi-tenant retail center offers significant potential for investors seeking a strong return in a convenient location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Yazoo City
- County
- Yazoo
- State
- Mississippi
- Longitude
- -90.3922
- Latitude
- 32.8592
