422 Riverwind Dr Pearl, MS 39208
- Retail space
- 33,494 SF
- 2.53 lot acres
Current Use by Public Records
- Retail space
Property Details for 422 Riverwind Dr
- Year built
- 1999
- Lot size
- 2.53 lot acres
- Property size
- 33,494 SF
- Property type
- Retail space
- APN
- E08E000023 00090
- APU
- E08E00002300090
Description
This exceptional retail property, located at 422 Riverwind Dr, Pearl, MS 39208, presents a compelling investment opportunity. The 33,610 square foot building, constructed in 2000 and renovated in 2022, sits on a 3.1-acre lot and boasts a prime location with excellent visibility from Interstate 20, near the Pearson Road interchange. Currently housing four tenants, including Launch Trampoline (vacating upon sale), C Spire Wireless, Rockin’ Nutrition, and High Cotton Wellness, the property offers a unique blend of existing income and redevelopment potential. The three remaining tenants occupy approximately 6,000 square feet and generate a combined gross monthly rent of just under $11,000. The building's strategic location benefits from proximity to major retailers such as Bass Pro Shops, Sam's Club, and Cinemark Tinseltown, as well as numerous hotels and restaurants. This presents a strong owner-user opportunity for a business requiring approximately 26,621 square feet, or an investor can capitalize on the existing tenants and lease the vacant space to a new tenant. The property is zoned for commercial use and features a single-story building with a gross lease type and multi-tenancy structure. The current occupancy rate is 20%. This is a rare chance to acquire a well-situated retail property with significant upside potential in a thriving Mississippi market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pearl
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.139
- Latitude
- 32.2666
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
