401 University Dr Starkville, MS 39759-2961
This exceptional 1,476-square-foot retail or restaurant space is available for lease in Starkville, Mississippi's vibrant Midtown development. Located at 401 University Drive, this storefront occupies a highly visible corner location at the intersection of University Drive and South Montgomery Street. Built in 2019, this space is part of a mixed-use development that includes a 143-bed facility, ensuring high foot traffic and visibility. Previously a pizza franchise, the space is ready for immediate occupancy or can be easily adapted to suit a variety of restaurant or food-related businesses. The property benefits from its proximity to Mississippi State University, home to approximately 25,000 students, creating a large potential customer base. This "feet on the ground" location offers an unparalleled opportunity to establish a strong presence in a rapidly growing Southeastern Conference town. The lease rate is $29.71 per square foot, triple net (NNN), with estimated NNN fees of $5.27 per square foot. Oktibbeha County location. This is a multiple tenancy building.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.