150 Dogwood Blvd Flowood, MS 39232
Dogwood Festival Market, located at 150 Dogwood Blvd, Flowood, MS 39232, presents a unique investment opportunity in a thriving Mississippi market. This premier lifestyle center boasts a substantial 187,000 square feet of retail space, currently occupied by a diverse mix of national tenants including Belk, TJ Maxx, HomeGoods, Boot Barn, and Old Navy. The property's strategic location at the corner of Lakeland Drive and East Metro Parkway ensures high visibility and accessibility, benefiting from a combined daily traffic count of 49,000 vehicles. Its position within the affluent and rapidly expanding suburb of Flowood offers significant growth potential. The center is ideally situated near key amenities, including the Jackson International Airport, two hospitals, and Jackson Preparatory High School, further enhancing its appeal to both shoppers and businesses. Adding to its desirability is the proximity to Waterpointe, a new residential development currently under construction, adding 500 new homes to the immediate area. This property offers a compelling combination of established tenancy, prime location, and strong growth prospects within Rankin County, making it an attractive investment for discerning buyers. The property is classified as Retail, with sub-types including Premiere Lifestyle Center, Restaurant, Fitness, Medical, Office, Service, and Retail, indicating a versatile and adaptable space. Multiple tenants currently occupy the space.
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.
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.