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1200 Lasalle St
Mccomb, MS 39648

$6,416,000 USD

Department Store For Sale  •  133,132 SF

Property Details

  • Property Type Department Store
  • Total Building Size 133,132 SF
  • Lot Size 3.15 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 8.27 %
  • Tenancy Multiple
  • Zoning C-2
0 Transit Score
59 Walk Score

Highlights

Offered at $6,416,000 with an 8.27% CAP rate, delivering high yield for a grocery-anchored center.
Located at a signalized frontage on LaSalle Street, maximizing visibility and drive-by exposure for tenants and the owner.
The site features Roses, Family Dollar, and T-Mobile, diversifying the tenant risk with both discount-retail and wireless service components.
94% occupied at present, giving the buyer almost full occupancy and immediate cash-flow stability.
The center benefits from direct access to I-55 (36,737+ VPD), reinforcing Pike Mart’s role as the primary retail node for the broader Pike County.
Grocery Depot provides long-term stability with annual store sales averaging ~$7.5M over the last 5 years, reflecting strong local demand.
Cap Rate: 8.27 %

Major Tenants

Tenant SF Occupied Lease End Date
Citi Trends 11,036 SF 3/31/2030
Dollar Tree 9,000 SF 2/28/2031
Family Dollar 10,981 SF 12/31/2030
Grocery Depot (Roberts Company) 20,980 SF 11/30/2031
It's Fashion 5,000 SF 1/31/2028
Pike Mart Packages 4,500 SF 10/31/2034
Roses (Variety Wholesalers) 31,371 SF 2/28/2031
Sally Beauty 3,000 SF 6/30/2029
Super 10 7,157 SF 1/31/2029
Superior Rent-to-Own 7,220 SF 10/31/2026

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 500
Type: Surface
Included in Rent: Yes
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC