3111 Us-80 Pearl, MS 39208
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Lifestyle centers
Property Details for 3111 Us-80
- Property size
- 57,566 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents Pearl Marketplace, a 57,566 square foot shopping center located at 3111 US-80 in Pearl, Mississippi (zip code 39208). Currently boasting 100% occupancy, the center is anchored by a strong mix of national and regional tenants including Dollar Tree, Save-A-Lot, and Dirt Cheap, ensuring consistent cash flow. The property offers a compelling value proposition with an asking price of $2,680,000, translating to a price per square foot of $46.56 and a projected cap rate of 9.00%. The strategic location along a primary retail corridor with a daily traffic count exceeding 20,000 vehicles provides exceptional visibility and accessibility. Furthermore, the surrounding 5-mile radius demonstrates a robust demographic profile, with a population exceeding 54,000 and average household incomes over $72,000. An attractive feature of this offering is the potential for loan assumption at a below-market interest rate of 6.00%, significantly reducing acquisition costs. This well-positioned, fully leased shopping center represents a rare opportunity for investors seeking a stable, high-performing asset in a thriving Mississippi market. The property's strong tenant mix, high occupancy rate, and favorable financial metrics make it an ideal addition to any diversified portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pearl
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1175
- Latitude
- 32.2811
