2885-2899 Terry Rd
Jackson, MS 39212
$1 Auction - Roses Anchored Center | 57% Occ. · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- More Info & Registration: https://rimarketplace.com/auction/1772/roses-anchored-shopping-center-57-occupied-below-5-psf
- Neighboring National Tenants: Food Depot, City Gear, Family Dollar, Advance Auto Parts, Pizza Hut, O’Reilly Auto Parts, Sherwin Williams, and Many Oth
- Recent Capital Improvements include 2023 HVAC, Electrical/LED Lighting to 30k SF Vacant Unit and $320K in Other Improvements
- ±102,765 Square Foot, Grocery Shadow Anchored Retail Center with Significant Value-Add through Lease-Up
- Strategically Located Just Off I-55 (±49K VPD) with 15,037 Vehicles Passing Site Daily and Nearby Signalized Intersection of Terry Road and McDowell R
- Dense Demographics with ±83,706 Individuals with an Average Household Income of ±$48,172 in a 5-Mile Radius
PROPERTY FACTS
Property Type
Retail
Building Size
105,689 SF
Building Class
C
Year Built
1975
Percent Leased
57%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.22
Lot Size
10.80 AC
Parking
350 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
650’ on Terry Rd
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,293,948 | |
| Land Assessment | $1,676,433 | Total Assessment | $2,970,381 |
