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FAITS SAILLANTS DE L'INVESTISSEMENT
- Ridgewood Crossing Shopping Center offers a vacant restaurant and retail strip center with potential for conversion into an event venue.
- Modern retail strip, added in 2009, provides an open layout and robust investor upside for leasing or conversion to an event venue.
- NorthPark Center is reachable in five mins and boasts 235 shops and restaurants, driving elevated customer traffic and demand to the surrounding area.
- Turnkey restaurant features high-end finishes, outdoor dining, and all furniture, fixtures, and equipment included.
- Prime location at a busy, signalized intersection with visibility to 17,000+ vehicles passing daily. Two major hotels within walking distance.
- Northeast Jackson’s retail submarket boasts vacancies of 6.6%, YOY rent growth of 2.4%, and over $1B in consumer spending within a 5-mile radius.
RÉSUMÉ DE L'ANNONCE
Discover the possibilities with this unique opportunity to reimagine a one-of-a-kind freestanding restaurant and a modern retail strip center at Ridgewood Crossing Shopping Center in Northeast Jackson, Mississippi, at 6109-6111 Ridgewood Road. Operating restaurant to be delivered vacant and situated just east of Interstate 55 and just south of County Line Road, this rare offer allows restaurateurs to claim a top position in the region’s premier dining and nightlife district. There is also significant leasing potential for value-add investors, with an added upside for expansion or conversion of the retail units.
The freestanding restaurant at 6111 Ridgewood Road was originally built in 2001 and comprises 8,200 square feet of turnkey space with high-end finishes and all furniture, fixtures, and equipment included in the sale. It boasts an eye-catching façade along with a spacious 1,500-square-foot outdoor dining area. Designed as an old-style draft house, the building’s interiors are defined by polished dark wood tables and bookshelves, gleaming brass fixtures, and intimate lighting. The spacious dining area has abundant seating as well as a large wood bar that is set up for 50 taps, and the full commercial kitchen has all the equipment, a large keg room, and an oversized pass-through window. Delivered in expertly maintained, move-in-ready condition, there is a significant opportunity for a new restaurant concept, with limited investment required by a new owner.
The contemporary retail strip at 6109 Ridgewood Road spans 5,612 square feet that was added to the center in 2009. The exteriors feature large glass storefronts with awnings and lighting, with strong signage potential. The space offers a mostly open layout in shell condition, accommodating a wide variety of potential tenants. There is also strong potential to convert the space for use as an event venue, serving the large entertainment and nightlife segments in the surrounding area.
Positioned at a high-traffic, signalized intersection within Northeast Jackson’s top commercial hub, the Ridgewood Crossing Shopping Center enjoys exceptional visibility to more than 17,000 vehicles passing the site each day. The surrounding area has numerous big-box retailers, national restaurant brands, and quality hotels. Major dealerships nearby such as Ford, BMW, and Toyota. Additionally, Northpark Center is just five minutes away on County Line Road, offering one of the largest malls in the country with 235 retailers and restaurants and over $1 billion in annual sales. This robust collection of demand-driving shopping opportunities brings elevated customer traffic to the region, lending strength to a new restaurant at the subject property.
Northeast Jackson presents a strong leasing environment, with the local retail submarket displaying vacancies of just 6.6% while rents have grown 2.6% year-over-year, with an average growth of 4.3% annually over the past five years. An impressive demographic profile of potential customers within 5 miles of the Ridgewood Crossing Shopping Center further supports Northeast Jackson as a superior destination for retail business and investment. More than 89,000 residents and 9,600 businesses call the area home, producing a stable workforce and meaningful consumer spending of more than $1 billion during 2024.
Make a mark on Northeast Jackson with this flexible shopping center, combining a move-in-ready restaurant with beautiful finishes and a modern strip center with strong conversion potential for a new event venue at Ridgewood Crossing Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
The freestanding restaurant at 6111 Ridgewood Road was originally built in 2001 and comprises 8,200 square feet of turnkey space with high-end finishes and all furniture, fixtures, and equipment included in the sale. It boasts an eye-catching façade along with a spacious 1,500-square-foot outdoor dining area. Designed as an old-style draft house, the building’s interiors are defined by polished dark wood tables and bookshelves, gleaming brass fixtures, and intimate lighting. The spacious dining area has abundant seating as well as a large wood bar that is set up for 50 taps, and the full commercial kitchen has all the equipment, a large keg room, and an oversized pass-through window. Delivered in expertly maintained, move-in-ready condition, there is a significant opportunity for a new restaurant concept, with limited investment required by a new owner.
The contemporary retail strip at 6109 Ridgewood Road spans 5,612 square feet that was added to the center in 2009. The exteriors feature large glass storefronts with awnings and lighting, with strong signage potential. The space offers a mostly open layout in shell condition, accommodating a wide variety of potential tenants. There is also strong potential to convert the space for use as an event venue, serving the large entertainment and nightlife segments in the surrounding area.
Positioned at a high-traffic, signalized intersection within Northeast Jackson’s top commercial hub, the Ridgewood Crossing Shopping Center enjoys exceptional visibility to more than 17,000 vehicles passing the site each day. The surrounding area has numerous big-box retailers, national restaurant brands, and quality hotels. Major dealerships nearby such as Ford, BMW, and Toyota. Additionally, Northpark Center is just five minutes away on County Line Road, offering one of the largest malls in the country with 235 retailers and restaurants and over $1 billion in annual sales. This robust collection of demand-driving shopping opportunities brings elevated customer traffic to the region, lending strength to a new restaurant at the subject property.
Northeast Jackson presents a strong leasing environment, with the local retail submarket displaying vacancies of just 6.6% while rents have grown 2.6% year-over-year, with an average growth of 4.3% annually over the past five years. An impressive demographic profile of potential customers within 5 miles of the Ridgewood Crossing Shopping Center further supports Northeast Jackson as a superior destination for retail business and investment. More than 89,000 residents and 9,600 businesses call the area home, producing a stable workforce and meaningful consumer spending of more than $1 billion during 2024.
Make a mark on Northeast Jackson with this flexible shopping center, combining a move-in-ready restaurant with beautiful finishes and a modern strip center with strong conversion potential for a new event venue at Ridgewood Crossing Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
VISITES 3D MATTERPORT
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NOTICE D’OFFRE Cliquez ici pour accéder à
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
ANALYSE DU MARCHÉ Cliquez ici pour accéder à
FAITS SUR LA PROPRIÉTÉ
| Condition de vente | Vente à l’encan | Type de vente | Investissement |
| Types de propriétaire | Pleine propriété | Statut | Actif |
| Condition de vente | Vente à l’encan |
| Types de propriétaire | Pleine propriété |
| Type de vente | Investissement |
| Statut | Actif |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION |
|---|---|---|---|
|
The Bulldog Restaurant
Jackson, MS 39211 |
Commerce de détail | 8 200 pi² | 2001 |
|
Ridgewood Crossing Shopping Center
Jackson, MS 39211 |
Commerce de détail | 5 612 pi² | 2009 |
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CONSEILLER(ÈRE) EN VENTE
Philip Holman, Senior Vice President, Sales & Leasing
En 1997, Philip Holman s'est joint à The Mattiace Company à titre de spécialiste des ventes et du courtage. Ses responsabilités comprennent le développement de la vente au détail, la sélection des sites et le courtage au détail, aux bureaux et aux entrepôts.
M. Holman a commencé sa carrière dans le domaine de l'immobilier en 1993 en tant qu'évaluateur chez Realty Services à Jackson, au Mississippi. En 1994, il s'est joint à Madison Realty Group à titre de courtier commercial associé. Pendant son séjour chez Madison Realty, il a été courtier commercial général dans les domaines du bureau, de la vente au détail, de la restauration et de l'entrepôt, représentant à la fois des acheteurs et des vendeurs.
Il a été président de la Mississippi Commercial Association of Realtors, ancien président et membre actif de la section Mississippi du CCIM, de l'Agriculture, Commercial and Industrial Association of Mississippi, membre de la National and Jackson Association of Realtors, membre fondateur de la division commerciale et de l'investissement de la Mississippi Association of Realtors et membre de l'International Council of Shopping Centers. M. Holman a été nommé agent immobilier commercial de l'année 2018 par la Mississippi Commercial Association of Realtors.
Il est diplômé de l'École d'administration des affaires de l'Université du Mississippi avec une spécialisation en droit bancaire et financier.
M. Holman a commencé sa carrière dans le domaine de l'immobilier en 1993 en tant qu'évaluateur chez Realty Services à Jackson, au Mississippi. En 1994, il s'est joint à Madison Realty Group à titre de courtier commercial associé. Pendant son séjour chez Madison Realty, il a été courtier commercial général dans les domaines du bureau, de la vente au détail, de la restauration et de l'entrepôt, représentant à la fois des acheteurs et des vendeurs.
Il a été président de la Mississippi Commercial Association of Realtors, ancien président et membre actif de la section Mississippi du CCIM, de l'Agriculture, Commercial and Industrial Association of Mississippi, membre de la National and Jackson Association of Realtors, membre fondateur de la division commerciale et de l'investissement de la Mississippi Association of Realtors et membre de l'International Council of Shopping Centers. M. Holman a été nommé agent immobilier commercial de l'année 2018 par la Mississippi Commercial Association of Realtors.
Il est diplômé de l'École d'administration des affaires de l'Université du Mississippi avec une spécialisation en droit bancaire et financier.
À PROPOS DE LA TECHNOLOGIE DES ENCHÈRES
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
En lire plus
CONTACT POUR LA VENTE À L’ENCAN
Amen Almukhtar
Contact
Permis de l’encanteur:
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
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Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
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The Bulldog Restaurant
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Présenté par
The Bulldog Restaurant
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