Property summary
The Forum at Grandview, a prominent 216,144 square foot commercial shopping center in Madison, Mississippi, offers exceptional retail space. Located at 175 Grandview Blvd, 39110, this multi-tenant property boasts high visibility from Interstate 55 and is anchored by major national retailers including Dick's Sporting Goods, Home Goods, Best Buy, Michaels, Petco, and ULTA. The center is situated within a thriving retail corridor, adjacent to Wal-Mart, Sam's Club, Malco Theaters, and Miskelly Furniture, ensuring high foot traffic and brand synergy. Two spaces are currently available, ranging from 1,500 to 139,609 square feet, providing flexibility for various retail concepts. The property sits on a 24.86-acre lot, including approximately 8 acres of developable outparcels, presenting significant expansion opportunities. Madison, MS, exhibits robust growth, with a 2.6% annual rate and the highest average household income in Mississippi at $122,000, making it an attractive market for businesses. This prime retail location offers a unique opportunity to establish or expand a retail presence in a high-demand area. The minimum divisible space is 1,500 square feet, and the total number of suites is 21. Currently, 1,500 square feet of space is vacant.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Home Decor Store
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Department Store
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Cosmetic Store
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Hair Salon Nail Salon
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Bakery Specialty Food Shop
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
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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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