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2514 67th Avenue Loop N
Meridian, MS 39307

$2,440,000 USD

Storefront For Sale  •  21,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 20,577 SF
  • Lot Size 2.2 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 8.01 %
  • Tenancy Multiple
  • Zoning commercial
40 Walk Score

Highlights

Walmart shadow-anchored neighborhood retail center in Meridian, Mississippi
100% occupied with diverse mix of national, regional, and local tenants
Offered at $2,440,000 | $119 PSF | 8.00% cap rate | NOI of $195,357
Necessity-based tenants: service, medical, financial, wireless, and beauty users
Located just off MS-19 (±13,500 VPD) in established retail corridor
Meridian serves as primary commercial hub for East Mississippi and West Alabama
Cap Rate: 8.01 %

Major Tenants

Tenant SF Occupied Lease End Date
GameStop
Hattiesburg Overhead Doors 7/26/2014
OneMain Financial

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
7 min - 4.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 90
Type: Surface
Included in Rent: Yes
Austin Sweet 618-541-0065 Matthews Real Estate Investment Services
Austin Sweet 618-541-0065 Matthews Real Estate Investment Services