1029 Highway 51 N
Madison, MS 39110
Madison Market · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Anchored by a diverse mix of local and national tenants
  • Center presents a prime investment opportunity in a stable and high-performing market
  • Excellent visibility and convenient access

EXECUTIVE SUMMARY

Located in the heart of Madison, one of Mississippi's fastest growing communities, Madison Market is a high-quality retail shopping center spanning 24,706 square feet. Built with SIPs construction and featuring a classic bricked exterior, this property offers strong curb appeal and flexible leasing configurations. Anchored by a diverse mix of local and national retailers, including El Ranchito, Subway, Hokkaido, Edward Jones, and others, the center benefits from steady foot traffic and established tenancy.
Positioned along Highway 51, a major commercial corridor with high daily traffic, the property enjoys excellent visibility and convenient access. Thoughtfully designed, the shopping center features beautiful landscaping, bronze garden sculptures and three decorative fountains, enhancing its overall aesthetic and appeal.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
24,707 SF
Building Class
B
Year Built
2003
Price
$5,750,000
Price Per SF
$232.73
Cap Rate
7.50%
NOI
$431,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
3.69 AC
Zoning
C-2 - C-2, Highway Commercial District
Parking
142 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
489’ on Us-51 Hwy

AMENITIES

  • Restaurant
  • Signage
  • Air Conditioning

PROPERTY TAXES

  • Listing ID: 34765461

  • Date on Market: 2/8/2025

  • Last Updated:

  • Address: 1029 Highway 51 N, Madison, MS 39110