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2904 Clay St
Vicksburg, MS 39183
Bowling Alley · Retail Property For Sale
PROPERTY FACTS
ABOUT 2904 CLAY ST , VICKSBURG, MS 39183
The Dowd Companies is pleased to offer for sale the fee simple interest (land & building) in Clay Commons, a multi-tenant strip center which is located on a major commercial corridor just off Interstate 20 in Vicksburg, Mississippi. The Center was completed in October of 2013 and has 3 tenants: Dollar Tree, Hibbett Sports and Best Way Rental. Both Dollar Tree and Hibbett Sports carry corporate guarantees. A full 5 years remain on the Dollar Tree and Hibbett Sports leases and the Best Way Lease has 6 years remaining. The leases feature favorable rental increases at the beginning of each 5-Year option term, which generates steady NOI growth and hedges against inflation. The center is located in a thriving commercial corridor along Clay Street (17,000 VPD) with pylon signage. Additionally, the site benefits from over 44,140 residents with an average household income of approximately $58,514 and over 22,776 employees within the trade area of the subject property.
PROPERTY TAXES
| Parcel Number | 0953-21-2820-0055-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $13,872 |
PROPERTY TAXES
