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1825 S Harper Rd
Corinth, MS 38834
ALDI Marshalls · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN leases with Aldi and Marshalls
- Harper Square is located on the primary retail corridor within the Corinth market
- Landlord only responsible for roof and structure
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
• Harper Square is located on the primary retail corridor within the
Corinth market
• Located at the lighted intersection of Lee Hwy & S Harper Rd
• Consumer spending within 5 miles expected to grow 9% in next 4
years
• 30,000 cars daily pass the center (23,300 on Lee Hwy & 7,300 on S
Harper Rd)
• Regional trade area:
• Drawing from 9 county area
• Corinth is located on the TN state line. Sales tax in MS is
2% less than TN which encourages cross state shopping
• NNN leases with Aldi and Marshalls
• Landlord only responsible for roof and structure
• Harper Square was redeveloped in 2018
• Marshalls TTM Sales: $9,310,295 (as of October 31, 2025)
• Hobby Lobby is adjacent to Aldi and Marshalls
• Newly renovated facades for Aldi and Marshalls
• New roof over the entire 40,000sf installed in 2018
• LED parking lot lights
• Parking lot in front of Marshalls has been resealed and restriped
• New pylon sign installed
• Harper Square is located on the primary retail corridor within the
Corinth market
• Located at the lighted intersection of Lee Hwy & S Harper Rd
• Consumer spending within 5 miles expected to grow 9% in next 4
years
• 30,000 cars daily pass the center (23,300 on Lee Hwy & 7,300 on S
Harper Rd)
• Regional trade area:
• Drawing from 9 county area
• Corinth is located on the TN state line. Sales tax in MS is
2% less than TN which encourages cross state shopping
• NNN leases with Aldi and Marshalls
• Landlord only responsible for roof and structure
• Harper Square was redeveloped in 2018
• Marshalls TTM Sales: $9,310,295 (as of October 31, 2025)
• Hobby Lobby is adjacent to Aldi and Marshalls
• Newly renovated facades for Aldi and Marshalls
• New roof over the entire 40,000sf installed in 2018
• LED parking lot lights
• Parking lot in front of Marshalls has been resealed and restriped
• New pylon sign installed
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
40,000 SF
Building Class
C
Year Built/Renovated
1992/2018
Price
$3,900,000
Price Per SF
$97.50
Cap Rate
7.57%
NOI
$295,144
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
3.37 AC
Opportunity Zone
Yes
Frontage
791’ on S Harper Rd
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0904182 A 01000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $293,669 |
PROPERTY TAXES
Parcel Number
0904182 A 01000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$293,669
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