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Property profile & analytics
FOR LEASE
Super regional malls

1409 S Adams St Fulton, MS 38843

54,364 SF 5.4 ac lot Built 1992
Entity Owned Free & Clear
Property ID
US50-1071603
Property summary
AI-generated overview

Fulton Commons, a single-story, Class B shopping center totaling 49,938 square feet, presents a prime retail investment opportunity in Fulton, Mississippi. Located at 1409 S Adams St, zip code 38843, this 1986-built property boasts a strong tenant mix including Food Giant Grocery, Dollar Tree, Family Dollar, and Little Caesar's. Currently, there are 9 suites, with 13,580 square feet of vacant space available. Spaces range from a minimum of 3,800 square feet to a maximum contiguous space of 9,500 square feet. The center benefits from its location on a high-traffic road, ensuring excellent visibility and customer access. Further enhancing the property's appeal, a new Mexican restaurant, Mi Torro, is slated to open in the first quarter of 2023. This addition will undoubtedly contribute to increased foot traffic and overall center vibrancy. The property is situated in Itawamba County and offers a unique chance to capitalize on a thriving retail environment in a well-established shopping center. This is an excellent opportunity for businesses seeking high visibility and a strong customer base in a growing Mississippi market.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1992
Construction WOOD
Total area 54,364 SF
Lot 5.4 ac (235,224 SF)
APN 139-1131-005.01
UPID US50-1071603
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Family Dollar Discount Store
  • Christy Wheeler, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
FULTON COMMONS LLC A MISSISSIPPI LIMITED LIABILITY
FULTON COMMONS LLC A MISSISSIPPI LIMITED LIABILITY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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