Description

The property is a neighborhood shopping center anchored by an operating convenience/ fuel store. Located at the signalized intersection of Ida Street and Lawndale Drive. C-store business is included in sale price. Tommy Brooks Oil of Tupelo, MS owns the gas pumps and supplies the petroleum. The profit from gas sales is split 50%/50% between the supplier and the C-store owner. Shopping Plaza offers a potential refurbishment, value-added opportunity.

Tenants:
C-store 2400 sq ft
Barber shop 750 sq ft
Rent to Own 1500 sq ft
Liquor Store 1770 sq ft
Laundry 1320 sq ft

Located midway between Memphis, TN and Birmingham, AL, Tupelo is situated at the intersection of I-22 (US 78) and US 45. 77% of the U.S. population can be reached in a one-day drive time, and Tupelo serves as the regional financial, retail, and manufacturing hub of a geographic area spanning several counties and three separate states.

As the number one manufacturing county in the State of Mississippi, Tupelo/Lee County serves over 220 manufacturing and distribution operations. Less than one percent of the workers are unionized.

In addition to a quality labor force, Tupelo/Lee County was recently ranked 2nd Top Micropolitan in the nation for new and expanding industries by Site Selection Magazine.

Along with traditional state and local tax inducements, our community offers Freeport inventory and real and personal property tax exemptions as well as special industrialized power rates from the Tennessee Valley Authority. It is also located in a designated U.S. Foreign Trade Zone.

North Ms welcomes Toyota Corp, which is currently constructing its 8th North American Automobile Manufacturing Facility, scheduled to open in 2009!