Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a Class A, 53,936 square-foot shopping center in Columbus, Mississippi. Located at 2041 Hwy 45 N, this single-story building, constructed in 2015, boasts 100% occupancy with two units leased to Dick's Sporting Goods and Michaels. The property features a double net (NN) lease structure, minimizing landlord responsibilities. Dick's Sporting Goods and Michaels have recently exercised lease options, demonstrating their… commitment to this location. The current lease term extends until January 30, 2030, with a remaining term of 5.2 years. The property generates a substantial net operating income (NOI) of $373,000, resulting in an attractive 11.13% capitalization rate. The asking price is $3,350,000, translating to $62.11 per square foot. This prime retail location benefits from high traffic volume on Highway 45, exceeding 24,000 vehicles daily, and is situated near other major national retailers. The property's strong performance is further enhanced by the below-market rent paid by Michaels, offering significant potential for future rent increases. Both tenants are corporately guaranteed, providing investors with exceptional security and stable income streams. The location enjoys strong demographics, with a dense population and high average household income within a five-mile radius. This property offers a compelling combination of immediate cash flow and long-term growth potential in a thriving retail market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 35,057 SF
- Lot area
- 1.83 ac
- Year built
- 2014
- Stories
- 1
- APN
- 57W120004807
- Assessed value · 2023
- $895,924
- Annual tax · 2023
- $146,528
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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