123 Grandview Blvd, Madison, MS 39110
For Lease
This exceptional retail space, totaling 4,250 square feet, is situated within The Boulevard Shoppes, a thriving Walmart-anchored shopping center in Madison, MS. Built in 2005 and renovated in 2021, this single-story, 41,000 square foot building boasts 12 suites and sits on a 6-acre lot at the high-traffic intersection of Main Street and Grandview Boulevard, conveniently located off Interstate 55. The space, previously a fitness center, offers flexible layout options, including several large rooms and two restrooms with showers, easily adaptable for various retail uses. The property benefits from strong co-tenancy with national retailers such as Walmart, Cato, Shoe Show, Dollar Tree, Sally Beauty, and GameStop, as well as a variety of successful local businesses including restaurants and service providers. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 4,250 square feet, making it ideal for a range of retail concepts. The property is zoned commercial and located in a rapidly growing and affluent area of Madison, Mississippi. This prime location and established center offer an unparalleled opportunity for businesses seeking high visibility and strong foot traffic. The property's recent renovation ensures modern amenities and a move-in ready condition.
-
OEC Japanese Express Restaurant
-
Karibé Mexican Grill Restaurant
-
Little Caesars Pizza Restaurant
-
Shoe Dept. Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Traditions Wine & Spirits Specialty Food Shop Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.