Log In/Sign Up
Your email has been sent.
1201-1231 Sunset Dr
Grenada, MS 38901
Riverbirch Plaza · Retail Property For Sale
Investment Highlights
- High traffic retail corridor
- National & local tenant mix
- Out Parcel included
- Signalized Intersection
- 100% leased
- Under market rental rates
Executive Summary
This stabilized shopping center is in the heart of the Grenada MS retail corridor.? Prominently located at the southeast corner of Sunset Dr and Sweethome Rd, this shopping center is home to Harbor Freight, Citi Trends, Dollar General and more.? 100% leased with a potential out parcel opportunity.? The high demand for retail space in Grenada is supported by it's 0.4% market vacancy rate.? Leases are below market rental rates and can be increased when negotiating new leases moving forward.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
94,965 SF
Building Class
B
Year Built
1976
Price
$7,348,582 CAD
Price Per SF
$77.38 CAD
Cap Rate
8.58%
NOI
$630,832 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
9.50 AC
Zoning
B-3 - Heavy Commercial District
Frontage
1,600’ on Sunset Dr, Sweethome Rd,
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 104D-18-050.00 | Improvements Assessment | $43,252 CAD |
| Land Assessment | $12,598 CAD | Total Assessment | $55,849 CAD |
Property Taxes
Parcel Number
104D-18-050.00
Land Assessment
$12,598 CAD
Improvements Assessment
$43,252 CAD
Total Assessment
$55,849 CAD
1 of 53
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
