4611 Terry RdJackson, MS 39212

This exceptional 14,740-square-foot shopping center in Jackson, Mississippi, presents a compelling value-add investment opportunity. Boasting 100% occupancy with a multi-tenant configuration, this property offers a strong 10.57% cap rate. Situated on a 2-acre lot at 4611 Terry Rd, 39212, the center benefits from high visibility on a heavily traveled retail corridor near I-55 and Byram. Built in 1989 and renovated in 2019 (exterior paint), the property includes 40 parking spaces, though some repairs are estimated at $25,000-$35,000. Seven new HVAC systems were installed between 2021 and 2022, with an electrical upgrade for these systems. The property features a master lease of the warehouse space. The asking price is $600,000, translating to $40.71 per square foot. Its prime location is further enhanced by the recent construction of Dollar General and Family Dollar across the street, highlighting the area's robust retail environment. This locally owned property, available for purchase, offers a rare chance to acquire a well-positioned, income-generating asset with significant upside potential.