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4000 S Frontage Rd
Vicksburg, MS 39180
Auction | Vicksburg Commons | $267K NOI · Retail Property For Sale
Investment Highlights
- STARTING BID $400,000 | $308k NOI | AUCTION SEPTEMBER 27-29, 2022
- ±74.79% Percent Occupied and Complemented by a Diverse Mix of Local Tenants; Well-Seated in the Local Market With Recent Leasing Velocity
- Positioned Adjacent to a Cracker Barrel Old Country Store (NAP) and within a ½ Mile of Several Hotels including Quality Inn, Courtyard by Marriott
- ±96,429 Square Foot, Multi-Tenant, Community Retail Center Positioned on Expansive ±9.4 Acre Parcel Just Minutes from the Mississippi Louisiana Border
- Strong Cash Flow with Upside Via Vacancy Absorption, Escalations, Staggered Lease Expirations and Options | Recent Capex includes Parking Lot Upgrades
- Highly Accessible Location Strategically Located Just Off I-20 (±48,740 VPD) and US-80 (±15,833 VPD) near Hwy-27 (±13,057 VPD) in Retail Corridor
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
96,429 SF
Building Class
B
Year Built/Renovated
1995/1999
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
9.41 AC
Parking
490 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
590’ on FRONTAGE RD
Amenities
- Food Court
- Freeway Visibility
- Restaurant
Property Taxes
| Parcel Number | 0957-22-0120-0025-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $318,286 |
Property Taxes
Parcel Number
0957-22-0120-0025-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$318,286
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