1302 N State St 1,000 SF Retail Building Jackson, MS 39202 $1,780,000 ($1,780/SF) 7.25% Cap Rate

1302 N State Street presents a rare opportunity to acquire a stabilized, long-term leased fuel and convenience retail asset in the heart of Jackson, Mississippi. Unlike many competing fuel station investments, the property is unencumbered by restrictive fuel supply agreements, providing unmatched operational flexibility and enhancing its long-term value.
The asset is leased to an experienced multi-unit operator with more than eight years of successful operating history at the location and over seven years remaining on the primary lease term, offering investors durable, predictable cash flow backed by a personal guaranty.
Offered at $1,780,000 (7.27% capitalization rate), the investment combines immediate yield with compelling long-term fundamentals. The absence of brand restrictions allows future owners the flexibility to optimize fuel supply economics, rebrand the site, or capitalize on evolving market opportunities that are unavailable to many competing assets.
In a market such as Jackson, where essential-service real estate continues to command strong investor demand, 1302 N State Street offers an attractive combination of stable income, minimal management responsibility, and meaningful upside potential through future operational enhancements and strategic operator relationships. Whether acquired as a passive, long-term investment or as part of a strategic portfolio expansion, this asset represents a compelling opportunity to own a high-performing convenience retail property with exceptional flexibility and value creation potential.