422 Riverwind DrPearl, MS 39208

For Sale
$3,695,000

High-traffic retail building, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional retail property, located at 422 Riverwind Dr, Pearl, MS 39208, presents a compelling investment opportunity. The 33,610 square foot building, constructed in 2000 and renovated in 2022, sits on a 3.1-acre lot and boasts a prime location with excellent visibility from Interstate 20, near the Pearson Road interchange. Currently housing four tenants, including Launch Trampoline (vacating upon sale), C Spire Wireless, Rockin’ Nutrition, and High Cotton Wellness, the property offers a unique blend of existing income and redevelopment potential. The three remaining tenants occupy approximately 6,000 square feet and generate a combined gross monthly rent of just under $11,000. The building's strategic location benefits from proximity to major retailers such as Bass Pro Shops, Sam's Club, and Cinemark Tinseltown, as well as numerous hotels and restaurants. This presents a strong owner-user opportunity for a business requiring approximately 26,621 square feet, or an investor can capitalize on the existing tenants and lease the vacant space to a new tenant. The property is zoned for commercial use and features a single-story building with a gross lease type and multi-tenancy structure. The current occupancy rate is 20%. This is a rare chance to acquire a well-situated retail property with significant upside potential in a thriving Mississippi market.

Highlights

  • Strong tenant roster including C Spire Wireless, Rockin' Nutrition, and High Cotton Wellness, occupying approximately 6,000 square feet.
  • Combined monthly gross rent exceeding $10,900.

Property Details for 422 Riverwind Dr

Property type
Lifestyle centers, Power centers
Square Feet
33,610 SF
Year Built/Renovated
2000/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
135,036 SF
Units
4

Location Insight

City
Pearl
County
Rankin
State
Mississippi
Latitude
32.2665608
Longitude
-90.1391001
422 Riverwind Dr, Pearl, Mississippi

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422 Riverwind Dr
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