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Retail Investment Opportunity in Southaven 1723-1755 Main St 6,950 SF 70% Leased Retail Building Southaven, MS 38671 $549,000 ($78.99/SF) 6.76% Cap Rate
Investment Highlights
- Upside with leasing the remaining space
Executive Summary
1723-1755 Main Street is a 6,950 SF multi-tenant commercial building in Southaven, MS. Built in 1980 with wood-frame construction, the single-story property is currently 71.22% leased and offers 25 parking spaces. Zoned C-3, the site supports a wide variety of uses including retail, office, medical, insurance, salon, barbershop, or church, providing flexibility for owner-users and investors alike. Upside for investors leasing the remaining space. For any inquiries, please reach out to Trevor Throneberry (tthroneberry@southeastventure.com).
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,950 SF
Building Class
C
Year Built
1980
Price
$549,000
Price Per SF
$78.99
Cap Rate
6.76%
NOI
$37,092
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.97 AC
Zoning
C-3 - C-3 zoning Ideal for any retail space / office space/ Medical space/ Insurance /salon/ barbershop/ church .
Parking
25 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
80’ on Main street
Amenities
- Conferencing Facility
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Gary
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Insurance comp.
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Salon Place
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Gary | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Insurance comp. | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Salon Place | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1086232400001600 | Total Assessment | $57,490 |
| Land Assessment | $9,605 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $47,885 | Tax Year | 2025 |
Property Taxes
Parcel Number
1086232400001600
Land Assessment
$9,605
Improvements Assessment
$47,885
Total Assessment
$57,490
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Retail Investment Opportunity in Southaven | 1723-1755 Main St
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