1230 County Line RdRidgeland, MS 39157

For Sale
$2,395,000

Ridgeland Retail Center: 7.72% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
97
Northpark Crossing, a prime retail investment opportunity in Ridgeland, Mississippi, presents a meticulously maintained 11,073 square foot shopping center. This single-story building, constructed in 2008 and extensively renovated in 2023, boasts four units currently enjoying 100% occupancy, generating a strong and stable income stream. Located at 1230 E County Line Rd, 39157, the property benefits from high visibility and a strategic location within the thriving Greater Jackson Metro area. The 43,512 square foot lot provides ample space, complemented by 37 parking spaces. The property features a modern and attractive façade, well-maintained landscaping, and a diverse tenant mix with a strong rental history. The asking price is $2,395,000, representing a compelling $216.29 per square foot and a 7.72% capitalization rate. The property is zoned C-6 and its APN is 072I-31D-001/01.08. This turnkey asset offers exceptional potential for investors seeking a stable, high-return investment in a dynamic retail market. Its proximity to major retail and dining establishments further enhances its appeal and investment potential. This is a rare opportunity to acquire a well-maintained, fully occupied retail center in a desirable location.

Highlights

  • 11,073 SF retail building with four units.
  • Completely renovated in 2023.
  • Prime Ridgeland, MS location on E County Line Rd.
  • Built in 2008, 100% occupied.
  • High visibility and ample parking (37 spaces).
  • Well-maintained building and landscaping with a modern façade.

Property Details for 1230 County Line Rd

Property type
Lifestyle centers, Power centers
Square Feet
11,073 SF
Year Built/Renovated
2008/2023
Buildings
1
Stories
1
Units
4

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.399785321444
Longitude
-90.130598242832
1230 County Line Rd, Ridgeland, Mississippi

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1230 County Line Rd
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