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New Horizon 1770 Ellis Ave 238,091 SF 100% Leased Retail Building Jackson, MS 39204 $5,250,000 ($22.05/SF)

INVESTMENT HIGHLIGHTS
- Warehouse on Interstate 20
- available to a user buyer or investor
- value add property
EXECUTIVE SUMMARY
Excellent Opportunity to own a warehouse located on Interstate 20 in Jackson, Mississippi. This building is conveniently located in the State Capitol and between Dallas and Atlanta. This building consists of approximately 20.78 acres with two buildings consisting of approximately 131,000 and a second contiguous building that needs renovation of 107,000. The larger building is currently occupied by a church who is intending to relocate. This property was originally developed and occupied by Sam's Club, Walmart, and Sack & Save before becoming home to the Church.
With overall vacancy in the greater Jackson area less than 3%, this building will not last long.
With overall vacancy in the greater Jackson area less than 3%, this building will not last long.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
238,091 SF
Building Class
B
Year Built
1974
Price
$5,250,000
Price Per SF
$22.05
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.25
Lot Size
22.00 AC
Parking
1,276 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0220-0003-000 | Improvements Assessment | $110,084 |
| Land Assessment | $48,351 | Total Assessment | $158,435 |
PROPERTY TAXES
Parcel Number
0220-0003-000
Land Assessment
$48,351
Improvements Assessment
$110,084
Total Assessment
$158,435
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New Horizon | 1770 Ellis Ave
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