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Riverbirch Center 2514 67th Avenue Loop N 20,577 SF 100% Leased Retail Building Meridian, MS 39307 $2,440,000 ($118.58/SF) 8.01% Cap Rate
Investment Highlights
- Walmart shadow-anchored neighborhood retail center in Meridian, Mississippi
- Offered at $2,440,000 | $119 PSF | 8.00% cap rate | NOI of $195,357
- Located just off MS-19 (±13,500 VPD) in established retail corridor
- 100% occupied with diverse mix of national, regional, and local tenants
- Necessity-based tenants: service, medical, financial, wireless, and beauty users
- Meridian serves as primary commercial hub for East Mississippi and West Alabama
Executive Summary
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- -
- -
GameStop traces its origins to Babbage's, a Dallas-based software retailer founded in 1984, and the business later adopted the GameStop name in 1999. The company now operates as a retail gaming and trade-in destination, with offerings that include video games, gaming systems, consoles, accessories, trading cards, gamer apparel, and collectibles. GameStop also supports used-product trade-ins and refurbished merchandise, which remain part of its broader mix of gaming and consumer electronics services.
- Hattiesburg Overhead Doors
- Retailer
- -
- $13.50
- Full Service
- Jul 2014
-
- Finance and Insurance
- -
- -
- -
- -
OneMain Financial traces its roots to 1912, when the business began as Commercial Credit Company and later evolved through a series of mergers and acquisitions. The company operates in consumer finance and insurance, with a primary focus on personal loans and optional insurance products for customers who may have limited access to traditional lending. OneMain offers online applications and branch-based service, supporting uses such as debt consolidation, home repairs, medical expenses, and other major costs. The company continues to serve a broad U.S. customer base through its lending platform and local specialists.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | - | - | |
| Hattiesburg Overhead Doors | Retailer | - | $13.50 | Full Service | Jul 2014 | |
|
|
Finance and Insurance | - | - | - | - |
Property Taxes
| Parcel Number | 072-10-1-3568-000-00700 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $270,944 |
Property Taxes
Presented by
Riverbirch Center | 2514 67th Avenue Loop N
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