For Sale
$295,000

3770 Us-80Jackson, MS 39209

Jackson, MS retail investment opportunity. High cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
99
This stabilized, multi-tenant retail storefront at 3770 Highway 80 West in Jackson, Mississippi, presents a compelling investment opportunity. The property boasts 5,383 square feet across six units, currently operating at 80% occupancy. Built in 1986, this single-story, Class C building sits on a 22,500 square foot lot and is zoned C-80-C2. The property generates a substantial net operating income (NOI) of $37,300, translating to an attractive 12.64% capitalization rate and a price per square foot of $54.80. The gross lease structure simplifies management, while the established tenancy provides immediate cash flow. Located on Highway 80, this property benefits from high visibility and significant daily traffic volume of 20,000 cars. The asking price is $295,000. Note that an adjacent 150,000 square foot building is also available for purchase. This property offers a strong return on investment in a high-traffic location.

Highlights

  • Stabilized multi-tenant retail property at 3770 Highway 80 West, Jackson, MS.
  • 5,383 SF across six units, 80% occupancy.
  • 1986-built, single-story Class C building on a 22,500 SF lot, C-80-C2 zoning.
  • $295,000 asking price, $54.80/SF, 12.64% cap rate, $37,300 NOI.
  • High-visibility location on Highway 80 with 20,000+ daily traffic counts.

Property Details for 3770 Us-80

Property type
Other retail properties, Individual retail properties
Square Feet
5,383 SF
Class
C
Year Built
1986
Buildings
1
Stories
1
Units
6

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.3035059
Longitude
-90.2506364
3770 Us-80, Jackson, Mississippi

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3770 Us-80
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message