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Riverbirch Center 2514 67th Avenue Loop N 20,577 SF 100% Leased Retail Building Meridian, MS 39307 $3,404,044 CAD ($165.43 CAD/SF) 8.01% Cap Rate
Investment Highlights
- Walmart shadow-anchored neighborhood retail center in Meridian, Mississippi
- Offered at $2,440,000 | $119 PSF | 8.00% cap rate | NOI of $195,357
- Located just off MS-19 (±13,500 VPD) in established retail corridor
- 100% occupied with diverse mix of national, regional, and local tenants
- Necessity-based tenants: service, medical, financial, wireless, and beauty users
- Meridian serves as primary commercial hub for East Mississippi and West Alabama
Executive Summary
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- -
- -
GameStop began as Babbage's in Dallas in 1984 and later adopted its current name in 1999. The company focuses on retail gaming and trade-in services for games, systems, consoles, cards, and accessories. The company's merchandising also includes collectibles, apparel, toys, and gaming-related trading card offerings, including the Power Packs digital trading card platform. GameStop maintains a notable retail presence in the United States, Australia, and Europe through multiple brands and online storefronts.
- Hattiesburg Overhead Doors
- Retailer
- -
- $18.83 CAD
- Full Service
- Jul 2014
-
- Finance and Insurance
- -
- -
- -
- -
OneMain Financial traces its roots to a consumer finance business founded in nineteen twelve as Commercial Credit Company, and the company later evolved through a series of mergers, acquisitions, and brand changes before becoming OneMain Financial. The company focuses on personal lending, including personal loans and auto loans, and also offers credit cards and optional insurance products. OneMain Financial serves customers seeking access to credit for debt consolidation, home and auto repair, medical expenses, and other major needs. The business maintains a broad branch-based presence across the United States while also supporting online loan applications and customer service through digital channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | - | - | |
| Hattiesburg Overhead Doors | Retailer | - | $18.83 CAD | Full Service | Jul 2014 | |
|
|
Finance and Insurance | - | - | - | - |
Property Taxes
| Parcel Number | 072-10-1-3568-000-00700 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $382,253 CAD |
Property Taxes
Presented by
Riverbirch Center | 2514 67th Avenue Loop N
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