Property profile

8585 Us-51 Southaven, MS 38671

OFF-MARKET
Retail properties & Spaces
23,600 SF
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Property summary

AI-generated overview

This exceptional retail property, located within the Southaven Shopping Center at 8585 US-51 in Southaven, Mississippi, 38671, offers a unique investment opportunity. The center boasts a total of 23,600 square feet of space, with one available unit ranging from 4,794 to 12,571 square feet. The flexible layout includes open retail space, office areas, and a convenient rear storage area. Benefit from high visibility directly from Highway 51 and its proximity to State Line Road, ensuring significant foot and vehicle traffic. The property's advantageous location adjacent to the DeSoto Justice Complex guarantees a consistent flow of potential customers. Ample parking is available for both tenants and customers. This property is ideal for businesses seeking a high-traffic location with attractive rental rates in a thriving Mississippi community. The property is classified as Retail with Office and Other subtypes, and features a multi-tenant occupancy. Desoto County provides a strong economic base for this retail center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 23,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8585 Us-51 Southaven, MS 38671
Southaven metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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