4180 Northview Dr
Jackson, MS 39206 Fondren

$850,000 USD

General Retail For Sale • 60,638 SF

Property Details

Property Type General Retail
Total Building Size 60,638 SF
Lot Size 4.44 AC
Year Built 1953
Tenancy Multiple

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                STARTING BID $850,000 | Retail | 97% Occupied | 62% Nationals | Double Digit Cap Rate | 18 VPD | $402K NOI | AUCTION NOVEMBER 2-4 
                            
                                97.7% Occupied Income-Producing Retail ±60,638 SF center generated approximately $402K YE 2025 NOI with just ±1,400 SF currently vacant.
                            
                                Established Long-Term Tenant Roster Family Dollar, Rainbow, Sunnybrook Dentistry, and It’s Fashion Metro occupy ±62% of GLA.
                            
                                Multiple Paths to Incremental NOI Growth Lease-up, contractual increases, renewals, and future mark-to-market opportunities support upside.
                            
                                Potential Outparcel Development Opportunity Northeast corner may support future pad development, subject to lease restrictions and approvals.
                            
                                Commercial with Frontage on 3 Major Roads ±18,200 VPD passing property, with I-55 (±90K VPD) approximately 1.5 miles away.