Property profile

350 John R Junkin Dr Natchez, MS 39120

FOR SALE
Community centers
Property ID
US50-0700876
246,514 SF 31.2 ac lot Built 1979
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the vibrant Natchez Mall, situated on John R Junkin Drive in historic Natchez, Mississippi. Benefitting from a prime location, the mall enjoys high visibility and significant daily traffic counts exceeding 20,000 vehicles, driven in part by its proximity to the Natchez-Vidalia River Bridge (one mile northeast). The property offers a total of 230,000 square feet of retail space, currently featuring a diverse mix of 20+ tenants including established anchors such as Belk and Ollie's, along with other popular stores like Hibbett Sports, Shoe Dept., Applebee's, and Planet Fitness. Currently, 5,000 square feet of contiguous retail space is available, divisible into units as small as 3,000 square feet, offering flexibility for various business needs. The mall underwent renovations in 2022, ensuring modern and attractive facilities. The expansive trade area extends over 30 miles, drawing customers from both Mississippi and Louisiana, providing a substantial customer base for potential tenants. This presents a unique chance to establish a presence in a thriving retail environment within a historically significant and attractive location. The available space is ideal for businesses seeking high visibility and access to a large, diverse customer base.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1979
Total area 246,514 SF
Lot 31.2 ac (1,359,072 SF)
APN 0068 0002 0002D
UPID US50-0700876

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Spiritual Center
  • Home Decor Store Department Store
  • Check Cashing

Location

350 John R Junkin Dr Natchez, MS 39120
Natchez metro Census 800 NATCHEZ, MS-LA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.27M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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