2000 County Line Rd Ridgeland, MS 39157-1902

Franklin Square, a 64,484-square-foot shopping center in Ridgeland, Mississippi, presents a compelling investment opportunity. This stabilized, 100% occupied property boasts a 9.00% cap rate and a strong net operating income (NOI) of $470,941. Anchored by a Crunch Fitness and a Sky Zone Trampoline Park, both operating under triple-net (NNN) leases, this multi-tenant retail center offers minimal landlord responsibilities. The property features a prominent location at the signalized hard corner of Old Canton Road and County Line Road, enjoying high visibility to over 36,000 vehicles daily. Built in 1982 and renovated in 2017, the center sits on a 5.81-acre lot zoned C-2A. Each tenant's lease has more than three years remaining, providing long-term stability. The asking price is $5,232,677, translating to $81.15 per square foot. The property benefits from its proximity to significant demand drivers, including the Country Club of Jackson, Northpark Mall, and major retailers such as Walmart, Lowe's, Target, Home Depot, At Home, and Chick-fil-A. This well-positioned retail center offers a secure and lucrative investment prospect.