Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Heavy Traffic
  • Walking Distance to Campus
  • Renovated

Executive Summary

-Premier Hard Corner Location – Positioned at the signalized intersection of University Ave & South 16th St, one of Oxford’s most trafficked corridors, just 0.5 miles from the Square and ~1 mile to Ole Miss
-100% Occupied Retail Strip – Fully leased asset with a diverse mix of service-oriented tenants providing stable, in-place cash flow
-Strong In-Place Income – Current annual rental income of approximately $209,719 with additional upside through rent growth and lease restructuring
-Built-In Rental Upside – Existing rent escalations, below-market leases, and ability to convert select tenants to true NNN structure
-Value-Add Opportunity – Near-term lease rollover and month-to-month tenant create opportunity to increase rents and improve overall tenancy
-Recently Renovated Asset – Property has undergone exterior modernization and tenant mix upgrades, reducing near-term capital needs
-High-Growth Market Fundamentals – Oxford continues to experience strong population growth and university-driven demand, supporting long-term retail performance
-Proximity to Major Demand Drivers – Located near the University of Mississippi, downtown Oxford Square, and Highway 7, capturing student, local, and visitor traffic
-Redevelopment Optionality – Zoned for flexible uses with potential for future mixed-use or higher-density redevelopment on a ±0.53-acre site
-Attractive Small-Shop Format – Highly leasable suite sizes (±625–2,500 SF) appeal to local and regional tenants, supporting long-term occupancy

Attachments

Corner Mall - OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
7,750 SF
Building Class
C
Year Built/Renovated
1994/2023
Price
$3,500,000
Price Per SF
$451.61
Cap Rate
5.97%
NOI
$209,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
TNB - General Commercial
Parking
34 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
100’ on University Ave
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Origin Bank
Walk-On's
First Watch
McAlister's Deli
Newk's Eatery
Cadence Bank
BankPlus
Regions Bank
Renasant Bank

Property Taxes

Property Taxes

Parcel Number
138C-28-009.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,110
  • Listing ID: 40412902

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 1525 University Ave, Oxford, MS 38655

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}