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115 S Frontage Rd 55,000 SF Retail Building Meridian, MS 39301 $10,978,947 ($199.62/SF) 6.65% Cap Rate




INVESTMENT HIGHLIGHTS
- Strong Retail Corridor
- Credit Tenant
- Long Term Lease
- Limited Competition
EXECUTIVE SUMMARY
• Strong Retail Corridor: Ideal location for Academy Sports & Outdoors located in the heart of top National Retailers
• Long Term Lease: Brand New 15 year term
• Credit Tenant: Academy has over 285 stores nationwide.
• Limited Competition
• Long Term Lease: Brand New 15 year term
• Credit Tenant: Academy has over 285 stores nationwide.
• Limited Competition
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
55,000 SF
Building Class
B
Year Built
2024
Price
$10,978,947
Price Per SF
$199.62
Cap Rate
6.65%
NOI
$730,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
3.35 AC
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 085160806000000101 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $690,663 |
PROPERTY TAXES
Parcel Number
085160806000000101
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$690,663
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115 S Frontage Rd
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