Magnolia District Shopping Center Retail FOR SALE


Petal, MS
$4,250,000 USD
601-937-1522
, Petal, MS for Sale
$4,250,000 USD
Retail - FOR SALE
1/12
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Magnolia District Shopping Center
Petal, MS


HIGHLIGHTS

  • High-traffic commercial corridor experiencing steady economic and population growth. Long-term stable tenants with 10% vacancy for value add.

OVERVIEW

This five-building retail investment portfolio offers a diverse and balanced tenant mix, including medical, service, and retail businesses, ensuring a stable and reliable revenue stream. Spanning 53,850 square feet, the properties are well-maintained and benefit from a high occupancy rate, with some tenants having been in place for years while others are secured under leases with substantial remaining terms. The inclusion of medical tenants adds stability to the income stream, while service-based businesses and retail tenants drive consumer traffic, creating a dynamic commercial environment. With long-term lease commitments in place and a strong demand for retail space in the area, this portfolio presents a turnkey investment opportunity in a thriving market.

ASK ABOUT THIS PROPERTY

Doug PricePricepointMore Info
601-937-1522

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Doug PricePricepointMore Info
601-937-1522

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