1212 Jerry Clower Blvd Yazoo City, MS 39194
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.