1910 County Line RdRidgeland, MS 39157

For Sale
$417,196.13

Ridgeland, MS: High-Traffic QSR with Upside

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional retail investment opportunity in Ridgeland, Mississippi, presents a 2,850 square foot building situated on a 0.36-acre lot at 1910 E County Line Rd, zip code 39157. The property boasts a 7.50% cap rate and a strong NOI of $31,290, with a current asking price of $417,196.13. Currently 100% occupied by two tenants, including a Baskin-Robbins, this multi-tenant property offers significant upside potential. The building, constructed in 1986, features a drive-thru and is located on a high-traffic thoroughfare exceeding 15,000 vehicles daily, providing excellent visibility and accessibility. The property is classified as a Class B, with a modified lease type. One tenant is on a month-to-month lease, presenting an immediate opportunity for an owner-user to occupy approximately 1,200 square feet. Below-market rents offer a clear path to increase the net operating income. This value-add investment is ideal for both owner-users and investors seeking a strong return on investment in a prime Ridgeland location. The property includes one building, one story, and is categorized as QSR/Fast Food, Restaurant, and Storefront. The Madison County location benefits from its proximity to Jackson, MS. The property's address is precisely 1910 E County Line Rd, Ridgeland, MS 39157, with a parcel number of 072I-32D-005/03.00.

Property Details for 1910 County Line Rd

Property type
Other retail properties, Individual retail properties
Square Feet
2,850 SF
Class
B
Year Built
1986
Buildings
1
Stories
1
Lot Size (sq. ft)
15,682 SF
Units
2

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.39947020817
Longitude
-90.110118242971
1910 County Line Rd, Ridgeland, Mississippi

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1910 County Line Rd
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