124 Norfleet Dr Senatobia, MS 38668
Senatobia Plaza, located at 124 Norfleet Dr, Senatobia, MS 38668, offers a prime retail opportunity in a bustling shopping center. This Class B property boasts a total of 83,905 square feet across a single, one-story building, featuring 12 suites and ample parking (415 spaces). Currently, there is one remaining 4,000 square foot suite available for lease, perfect for a variety of retail or restaurant uses. Additionally, a separate outparcel is available for ground lease. The property enjoys excellent visibility and accessibility, situated at the intersection of Norfleet Drive and Main Street, with convenient access to I-55. The center benefits from strong existing tenants including Cockrell Family Medicine, Harbor Freight, Subway, Pizza Hut, Snipes, Bestway Rental, ATC Fitness, and Elite Physical Therapy. A new anchor tenant, Roses Express, is slated to open soon, further enhancing the center's appeal and drawing increased foot traffic. The property features 1500 feet of frontage and is zoned for commercial use. Three-phase power is available. Minimum divisible space is 4,000 square feet.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.