For Lease
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Property summary
This single-story, 41,904 square foot retail strip center, located in Ridgeland, MS's Madison submarket cluster, presents a unique investment opportunity. Built in 1984 and extensively renovated in 2019, the property boasts 197 parking spaces and sits on a 3.38-acre lot. Three spaces are currently available, ranging from 1,200 to 1,800 square feet, with a maximum contiguous space of 1,575 square feet and a minimum divisible space of 1,800 square feet. A total of 3,375 square feet is currently vacant. The property features a strong national and local tenant mix, benefiting from its prominent location on a busy retail corridor and convenient access to major roadways. New pylon signage was installed in 2020 at County Line and Centre Streets. The property is zoned General Commercial District C-2A and enjoys high visibility within a premier retail market area. Exterior renovations, completed in 2019, enhance the property's curb appeal. Tenant improvement allowances are available subject to lease terms. The property's former Burger and Blues location (5,668 sq ft) offers a significant opportunity for a new tenant. A site plan is available for review.
Property profile
VerifiedCap rate & NOI
Current use
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Vocational School
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Loan Service
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Pediatrician Physician
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(Bike/Boat/Book/etc) Store
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Hair Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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