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Property profile & analytics
FOR LEASE
Grocery and convenience stores

658 E Madison St Houston, MS 38851

19,596 SF 2.2 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US50-1734328
Property summary
AI-generated overview

Chickasaw Commons offers a fantastic retail opportunity in Chickasaw County. This Class B retail center totals 17,400 square feet and features two suites. Currently, 9,000 square feet of prime retail space is available for lease. The minimum divisible space is 9,000 square feet, offering a significant footprint for a variety of retail businesses. The maximum contiguous space available is also 9,000 square feet, providing a single, large space for a flagship location or a business requiring substantial square footage. This exceptional location boasts high visibility and foot traffic due to its proximity to a newly remodeled Walmart and a Dollar Tree, ensuring strong potential for customer engagement and sales. The property is categorized as a multi-tenant building, presenting an opportunity for a business seeking a prominent presence in a well-established commercial area. The available space is ideal for businesses needing a large, contiguous area, providing ample room for inventory, displays, and operations. This is a rare opportunity to secure a substantial retail space in a high-traffic location with excellent neighboring businesses. Don't miss out on this chance to establish your business in a thriving commercial environment.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1980
Construction FRAME
Total area 19,596 SF
Lot 2.2 ac (95,832 SF)
APN 1-102C-04-022.00
UPID US50-1734328
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chikasaw Commons LLC · 6 yrs held
Chikasaw Commons LLC
since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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