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Northwest Shopping Center 15th St 1,200 - 30,000 SF of Retail Space Available in Yazoo City, MS 39194
HIGHLIGHTS
- Located near large amount of retail and fast food restaurants
- Prime opportunity to capitalize on high-demand retail space
- Ideal for retail and street retail Investors
- Easy Access to Jerry Clower Blvd
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-30,000 SF | Negotiable | $18.52 /SF/YR $1.54 /SF/MO $555,600 /YR $46,300 /MO | Modified Gross |
15th St @ 15th St. & Hwy. 49 E. - 1st Floor
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 30,000 SF | Center Properties | 4 |
| Min. Divisible | 1,200 SF | Gross Leasable Area | 74,115 SF |
| Center Type | Strip Center | Total Land Area | 13.85 AC |
| Parking | 350 Spaces | Year Built | 1993 |
| Stores | 8 | Cross Streets | 15th St. & Hwy. 49 E. |
| Total Space Available | 30,000 SF |
| Min. Divisible | 1,200 SF |
| Center Type | Strip Center |
| Parking | 350 Spaces |
| Stores | 8 |
| Center Properties | 4 |
| Gross Leasable Area | 74,115 SF |
| Total Land Area | 13.85 AC |
| Year Built | 1993 |
| Cross Streets | 15th St. & Hwy. 49 E. |
ABOUT THE PROPERTY
Introducing a heavy value-added retail investment opportunity at 1570-1575 Jerry Clower Blvd in Yazoo City, MS. This substantial 64,791 SF building is strategically located at the Northwest quadrant of Jerry Clower Blvd (Highway 49) and Fifteenth Street. The immediate area includes a large amount of retail, fast food restaurants and other typical neighborhood uses. The property has been nearly 100% occupied for the past 5-years; however, has lost two large tenants in the past 9-12 months which included Dirt Cheap and a bingo hall. This is an excellent opportunity for an investor or user to acquire this property and its 4.6 acre site and either completely renovate the shopping center and/or re-develop the site.
NEARBY MAJOR RETAILERS
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Northwest Shopping Center | 15th St
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