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130-230 Collonade Plz
Senatobia, MS 38668
Collonade Plaza (Walmart Shadow Anchored) · Retail Property For Sale

Investment Highlights

  • 17,646 SF Walmart Shadow Center 35 miles south of Memphis, TN
  • Stabilized Rent Roll: 92.50% leased and multiple years left on each tenant's lease
  • Scheduled rent bumps throughout leases
  • Limited Competition: Only Walmart within 15 miles
  • Diverse mix of service and restaurant tenants with nationals T-Mobile, 1st Franklin Financial, Direct Insurance, and World Finance
  • Rental Appreciation Potential: majority of rents are mid teens PSF, allowing for future rent increases

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
17,646 SF
Building Class
B
Year Built
1996
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.70 AC
Zoning
C - Commercial
Parking
111 Spaces (6.29 Spaces per 1,000 SF Leased)
Frontage
248’ on Collonade Plaza

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Property Taxes

Property Taxes

Parcel Number
094-19-0000611
Land Assessment
$33,323
Improvements Assessment
$139,280
Total Assessment
$172,603
  • Listing ID: 26770883

  • Date on Market: 10/4/2022

  • Last Updated:

  • Address: 130-230 Collonade Plz, Senatobia, MS 38668

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