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Fred's Pharmacy 511 W Monroe Ave 16,799 SF 100% Leased Retail Building Okolona, MS 38860 $790,000 ($47.03/SF)
Investment Highlights
- 295' of road frontage
- Covered sunken truck dock on the west side of the building
- 50 lined parking spaces
- Convenient drive-thru window
Executive Summary
Value-add freestanding retail building constructed with concrete block and durable metal roof built in 2012 provides excellent accessibility and prominent signage.
Property includes a large concrete parking lot consisting of 50 lined parking spaces, a covered sunken truck dock on the west side of the building, a convenient drive-thru window, and a large pylon sign for maximum visibility. This property is suited for retail, service, or medical uses.
Retail building is located near the intersection of West Monroe Street (State Highway 41) and Church Street, the two primary retail arteries in Okolona MS has 295' of road frontage. Neighbors include Food Giant Grocery Store, NAPA Auto Parts and A&M Discount Furniture.
Property includes a large concrete parking lot consisting of 50 lined parking spaces, a covered sunken truck dock on the west side of the building, a convenient drive-thru window, and a large pylon sign for maximum visibility. This property is suited for retail, service, or medical uses.
Retail building is located near the intersection of West Monroe Street (State Highway 41) and Church Street, the two primary retail arteries in Okolona MS has 295' of road frontage. Neighbors include Food Giant Grocery Store, NAPA Auto Parts and A&M Discount Furniture.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,799 SF
Building Class
C
Year Built
2012
Price
$790,000
Price Per SF
$47.03
Percent Leased
100%
Building Height
1 Story
Building FAR
0.26
Lot Size
1.49 AC
Frontage
295’ on West Monroe St
Nearby Major Retailers
Property Taxes
| Parcel Number | 2-048J-34-009.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $80,076 |
Property Taxes
Parcel Number
2-048J-34-009.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$80,076
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Fred's Pharmacy | 511 W Monroe Ave
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