Property profile

4000 S Frontage Rd Vicksburg, MS 39180

FOR LEASE
Strip malls
Property ID
US50-0597530
97,882 SF 10.16 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Vicksburg Commons, a 95,304 square foot retail center in Vicksburg, MS, presents a compelling investment opportunity. This single-story, 23-unit shopping center, built in 1995, sits on a 9.41-acre lot at 4000 S Frontage Rd, 39180. Currently boasting a 72.86% occupancy rate, the property offers immediate income potential with 25,870 square feet of vacant space available for lease. Five spaces are currently available, ranging from 1,500 to 8,510 square feet, providing flexibility for various retail tenants. The center benefits from a strong tenant mix of local and national service-oriented businesses, attracting a consistent customer base. Its strategic location near I-20 and US-80 ensures high visibility and accessibility, further enhanced by its proximity to major hotels, businesses, and cultural attractions. This prime location drives significant cross-traffic and consistent consumer demand, contributing to the property's stable cash flow and substantial growth potential through future leasing and market-rate adjustments. The property's single-building design simplifies management and maintenance, making it an attractive option for investors seeking a well-positioned, income-generating retail asset in a thriving Mississippi market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1994
Total area 97,882 SF
Lot 10.16 ac (442,570 SF)
APN 095-7 -22 -0120- -0025.00
UPID US50-0597530

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
  • Gym & Fitness Center
  • Shopping Center & Mall
  • Shopping Center & Mall
  • Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

4000 S Frontage Rd Vicksburg, MS 39180
Vicksburg metro Census 950500 VICKSBURG, MS MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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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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