2885-2899 Terry Rd | Jackson, MS 39212
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2885-2899 Terry Rd
Jackson, MS 39212
Auction - Roses Anchored Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STARTING BID $150,000 | 57% Occupied | Below $5 PSF | AUCTION OCT 30 – NOV 1, 2023
- Neighboring National Tenants: Food Depot, City Gear, Family Dollar, Advance Auto Parts, Pizza Hut, O’Reilly Auto Parts, Sherwin Williams, and Others
- Recent Capital Improvements over $320K (HVAC Repairs, Relocation of Gas Line, Drainage Project)
- ±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
Property Subtype
Storefront
Building Size
102,765 SF
Building Class
C
Year Built
1975
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 Number | 0614-0001-003 | Improvements Assessment | $66,140 |
| Land Assessment | $70,568 | Total Assessment | $136,708 |
PROPERTY TAXES
Parcel Number
0614-0001-003
Land Assessment
$70,568
Improvements Assessment
$66,140
Total Assessment
$136,708
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