6357 Frontage Rd Jackson, MS 39213
- Retail properties
- 8,207 SF
Current Use by Public Records
- Retail properties
Property Details for 6357 Frontage Rd
- Year built
- 1998
- Property size
- 8,207 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This vacant, 8,207 sq ft restaurant building presents a unique investment opportunity in Jackson, MS. Located on I-55 North Frontage Road, this former Red Lobster enjoys high visibility within The Junction Shopping Center, boasting over 96,000 vehicles daily on I-55 and 15,000 on County Line Road. The property is situated adjacent to major retailers including Target, Home Depot, PetSmart, Olive Garden, and Mavis Tires & Brakes, ensuring high traffic and brand recognition. Built in 1998, the single-story, wood-frame building features a spacious interior with a capacity for 325 guests, a large bar area, and nine diverse dining areas. The extensive commercial kitchen includes three large vent hoods, multiple coolers/freezers, and ample storage. The property sits on an 85,313 sq ft lot, zoned C-3, offering significant potential for redevelopment or continued use as a restaurant. The asking price is $2,150,000, translating to approximately $261.97 per square foot. Note that the square footage is an estimate and should be independently verified. This property offers exceptional potential for a savvy investor seeking a high-traffic location in a thriving retail corridor. Nearby amenities include Hilton Jackson, Wingate, Drury Inn, Lowe's, Starbucks, and numerous fast-food restaurants. The property is currently vacant, providing immediate occupancy for a new tenant or redevelopment project.
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
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.1465
- Latitude
- 32.3976