507 18th Ave N - Storefront FOR SALE


Columbus, MS 39705
$4,500,000 USD
770-880-0339
507 18th Ave N, Columbus, MS for Sale
$4,500,000 USD
Storefront - FOR SALE
1/5
null | 8.82% Cap Rate

507 18th Ave N
Columbus, MS 39705


HIGHLIGHTS

  • Prime Location: The Towne Square Shopping Center is Situated in a Highly Desirable and Easily Accessible Location
  • Anchored Tenants: The Presence of Well-Known and Established Anchor Tenants, Such as Large Retail Chains and Local Tenants
  • Diverse Tenant Mix: A Well-Balanced Mix of Retail, Dining, Fitness, and Service-Oriented Tenants That Cater to a Wide Range of Consumer Needs
  • Strong Occupancy Rate: A High Percentage of Leased Space With a Low Vacancy Rate, Indicating Strong Demand
  • Recent Improvements and Renovations to the Shopping Center That Enhance Its Functionality Include Updated HVAC Units
  • Excellent Visibility and Traffic Flow From Major Roads and Highway 82

OVERVIEW

Sands Investment Group is Pleased to Present Exclusively For Sale the 17,906 SF Towne Square Shopping Center Located at 507 18th Avenue North in Columbus, MS. This Deal Includes a Shopping Center With Well-Balanced Mix of Retail, Dining, Entertainment and Service-Oriented Tenants That Cater to a Wide Range of Consumer Needs, Ensuring a Dynamic Shopping Experience, Providing For a Stable Investment. In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

8.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Towne Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.41 AC

LAND SF

410,008 SF

ZONING

No Zoning

APN/PARCEL ID

56W16-00-03800

ASK ABOUT THIS PROPERTY

Rahill LakhaniSands Investment Group Atlanta, LLCMore Info
770-880-0339

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Rahill LakhaniSands Investment Group Atlanta, LLCMore Info
770-880-0339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.