This Retail Property is no longer advertised on LoopNet.com.

5006-5090 Parkway Dr
Jackson, MS 39211
Colonial Mart Shopping Center · Retail Property For Sale

Investment Highlights

  • * Value-Add Investment Opportunity
  • * 12.3% Cap Rate based on current in-place rents at 83.5% occupancy
  • * Great 1031 Exchange Property with Upside Potential
  • * Scheduled Rent Increases

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
56,293 SF
Building Class
B
Year Built
1963
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
4.97 AC
Zoning
C-2 - Limited Commercial
Parking
292 Spaces (5.19 Spaces per 1,000 SF Leased)
Frontage
448’ on Old Canton Rd

Amenities

  • Pylon Sign
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
0559-1040-000
Land Assessment
$105,753
Improvements Assessment
$209,282
Total Assessment
$315,035
  • Listing ID: 23364287

  • Date on Market: 6/10/2021

  • Last Updated:

  • Address: 5006-5090 Parkway Dr, Jackson, MS 39211

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