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13118 Us-61Tunica Resorts, MS 38664

Tunica Resorts, MS: Multi-Tenant Industrial Complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 182,000-square-foot industrial property in Tunica Resorts, Mississippi, presents a compelling investment opportunity. Currently boasting 96% occupancy across 38 units within two single-story buildings, this Class C multi-tenant complex offers a diverse mix of retail, office, flex, and storage spaces. Built in 2000, the property sits on a substantial 44-acre lot and provides ample parking (4 spaces per 1,000 sq ft). The current tenant mix comprises 35 businesses, offering a stable income stream. The property is 100% owner-occupied and presents significant redevelopment potential, with an expansion capacity of an additional 253,500 square feet. Located just 12 miles south of Memphis, this prime location benefits from the high tourist traffic of the South's Casino Capital, attracting over 8 million visitors annually. The property's flexible zoning allows for a variety of uses, making it an ideal investment for both owner-users and investors seeking strong returns in a high-growth area. The property is offered for sale by owner. This is a rare opportunity to acquire a well-established, high-occupancy industrial complex with significant upside potential in a thriving market. The property's size, location, and existing infrastructure make it an attractive proposition for a wide range of potential buyers. The substantial lot size also allows for future expansion and development.

Property Details for 13118 Us-61

Property type
Warehouses, Life science properties
Square Feet
182,000 SF
Class
C
Year Built
2000
Buildings
2
Stories
1
Lot Size (sq. ft)
1,916,640 SF
Units
38

Location Insight

City
Tunica Resorts
County
Tunica
State
Mississippi
Latitude
34.832662723492
Longitude
-90.276257259983
13118 Us-61, Tunica Resorts, Mississippi

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13118 Us-61
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