2230-2250 Rabbit Dr | Tupelo, MS 38801
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2230-2250 Rabbit Dr
Tupelo, MS 38801
Value-Add Strip Shadow-Anchored by Walmart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tupelo Market is a high-occupancy retail shopping center shadow-anchored by a dominant Walmart Supercenter.
- Situated in the heart of the West Tupelo retail trade area, minutes from Natchez Trace Parkway, Tupelo Regional Airport, and Downtown Tupelo.
- Significant upside potential exists through full lease-up of the vacant units and rent escalations upon lease expirations.
- Rabbit Drive was just repaved and has been dedicated to the City of Tupelo.
- Strategic opportunity for an investor to acquire a stabilized retail center with a seasoned roster of national, regional, and local tenants.
- West Main Street’s retail hub is centered around the Walmart Supercenter and features an average daily traffic count of over 22,000 vehicles.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
37,656 SF
Building Class
B
Year Built
2003
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
5.30 AC
Parcel Number
077P-35-015-01
Zoning
MUCC - Mixed-Use Commercial Corridor
Parking
169 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
403’ on Rabbit Dr
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