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Highway 18 Plaza 5225 W Highway 18 12,350 SF 64% Leased Retail Building Jackson, MS 39209 $2,100,000 ($170.04/SF) 8.47% Cap Rate



Executive Summary
HIGHWAY 18 PLAZA — 8.5% CAP | WALMART/LOWE'S SHADOW-ANCHORED RETAIL | OPPORTUNITY ZONE
5225 Hwy 18 W, Jackson, MS 39209 | $2,100,000 | 8.5% Cap | $177,898 NOI
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EXECUTIVE OVERVIEW
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East Coast Realty Partners is pleased to offer for sale Highway 18 Plaza, a 12,350 SF multi-tenant retail strip center positioned directly across from a Walmart Supercenter and immediately adjacent to a Lowe's Home Improvement Supercenter in Jackson, Mississippi. The Property sits on a 1.41-acre parcel with 189 feet of frontage and two curb cuts on Highway 18, a corridor carrying 32,000 vehicles per day, and is offered at a meaningful 8.5% cap rate on in-place NOI with significant value-add upside.
Three of the six suites are currently delivered to the buyer under a negotiable master lease structure, providing day-one stabilized cash flow while preserving immediate lease-up upside at market rates. Subway has recently signed an early renewal with a five-year extension through October 2030, anchoring the tenant roster alongside Vape Con and Super Clean Laundry. The property is located within a federally designated Opportunity Zone, offering qualifying investors meaningful capital-gains deferral and potential exclusion benefits.
The asset is being delivered with zero deferred maintenance, masonry construction, and 53 parking spaces — a clean, professionally maintained acquisition for an investor seeking yield, value-add, and tax-advantaged structure in one transaction.
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INVESTMENT HIGHLIGHTS
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• 8.5% CAP RATE — Strong in-place yield on a well-located, anchor-adjacent retail strip in a high-traffic corridor.
• WALMART & LOWE'S SHADOW ANCHORS — Direct frontage exposure across Hwy 18 from a Walmart Supercenter and adjacent to a Lowe's Home Improvement Supercenter — two of the highest-traffic retail anchors in the Jackson market.
• SUBWAY EARLY RENEWAL THROUGH 2030 — Globally recognized QSR tenant has signed an early five-year extension, providing credit-grade anchor income through October 2030.
• VALUE-ADD MASTER LEASE UPSIDE — Three suites currently delivered under a negotiable master lease; lease-up at market rents projects an incremental $60,000–$80,000+ in annual NOI upon stabilization.
• OPPORTUNITY ZONE — Federally designated Qualified Opportunity Zone offers capital-gains deferral and potential exclusion benefits for qualifying investors.
• 32,000 VPD HIGHWAY FRONTAGE — 189 feet of frontage on MS-18 with two curb cuts ensures maximum visibility and access.
• JACKSON STATE UNIVERSITY PROXIMITY — One mile from JSU (10,000 students) supports consistent retail and service demand in the immediate trade area.
• DENSE TRADE AREA — Five-mile population of 103,928 establishes a strong, stable consumer base.
• ZERO DEFERRED MAINTENANCE — Meticulously maintained asset with no known near-term capital expenditure requirements.
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PROPERTY OVERVIEW
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Address: 5225 Hwy 18 W, Jackson, MS 39209
County: Hinds County
Parcel: 830-82-012
Building Size: 12,350 SF
Land Area: 1.41 Acres (61,420 SF)
Units / Tenants: 6 Units | 3 Active Tenants
Year Built: 1986
Construction: Masonry
Parking: 53 Spaces
Sprinklers: Yes
Frontage: 189' on MS-18 (2 Curb Cuts)
Traffic Count: 32,000 VPD
Occupancy: 66% Physical | Master Lease on Vacancies
WALT: 2.86 Years
Opportunity Zone: Yes
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FINANCIAL SUMMARY
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Asking Price: $2,100,000
Cap Rate: 8.5%
Gross Operating Income: $218,904
Reimbursements (CAM): $5,225
Adjusted Gross Income: $224,129
Total Expenses: $46,231
Net Operating Income: $177,898
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TENANT ROSTER
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• SUBWAY (1,900 SF) — Lease through October 2030; early 5-year extension signed. Pays $2.75/SF CAM.
• VAPE CON (1,387 SF) — Lease through May 2030.
• SUPER CLEAN LAUNDRY (5,500 SF) — Lease through October 2031.
• THREE SUITES (4,467 SF combined) — Currently under negotiable master lease; immediate lease-up upside.
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LOCATION & MARKET
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Highway 18 Plaza enjoys one of the most visible retail positions in west Jackson, with direct frontage on MS-18 Highway opposite a Walmart Supercenter and immediately adjacent to Lowe's Home Improvement. The corridor moves 32,000 vehicles per day and serves as a primary retail and commuter artery linking western Jackson to downtown.
The Property sits within one mile of Jackson State University (10,000+ enrolled students) and inside a five-mile trade area of 103,928 residents. Hinds County is the most populous county in Mississippi and Jackson is the state capital, providing diversified employment and demand drivers including state government, university operations, healthcare systems, and regional logistics.
The Property's Opportunity Zone designation makes it particularly compelling for investors with qualifying capital gains seeking long-term tax-advantaged real estate exposure.
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OFFERING PROCESS
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The Property is being marketed on an exclusive basis by East Coast Realty Partners. A full Confidential Offering Memorandum, financial detail, rent roll, lease abstracts, and property photographs will be released to qualified parties upon execution of a Confidentiality and Non-Disclosure Agreement and submission of proof of funds.
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EXCLUSIVELY LISTED BY
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EAST COAST REALTY PARTNERS
Commercial Real Estate Investment Advisors
Melville, NY | Delray Beach, FL
Licensed in NY, NJ, CT, FL, MS
5225 Hwy 18 W, Jackson, MS 39209 | $2,100,000 | 8.5% Cap | $177,898 NOI
----------------------------------------------------------------------------
EXECUTIVE OVERVIEW
----------------------------------------------------------------------------
East Coast Realty Partners is pleased to offer for sale Highway 18 Plaza, a 12,350 SF multi-tenant retail strip center positioned directly across from a Walmart Supercenter and immediately adjacent to a Lowe's Home Improvement Supercenter in Jackson, Mississippi. The Property sits on a 1.41-acre parcel with 189 feet of frontage and two curb cuts on Highway 18, a corridor carrying 32,000 vehicles per day, and is offered at a meaningful 8.5% cap rate on in-place NOI with significant value-add upside.
Three of the six suites are currently delivered to the buyer under a negotiable master lease structure, providing day-one stabilized cash flow while preserving immediate lease-up upside at market rates. Subway has recently signed an early renewal with a five-year extension through October 2030, anchoring the tenant roster alongside Vape Con and Super Clean Laundry. The property is located within a federally designated Opportunity Zone, offering qualifying investors meaningful capital-gains deferral and potential exclusion benefits.
The asset is being delivered with zero deferred maintenance, masonry construction, and 53 parking spaces — a clean, professionally maintained acquisition for an investor seeking yield, value-add, and tax-advantaged structure in one transaction.
----------------------------------------------------------------------------
INVESTMENT HIGHLIGHTS
----------------------------------------------------------------------------
• 8.5% CAP RATE — Strong in-place yield on a well-located, anchor-adjacent retail strip in a high-traffic corridor.
• WALMART & LOWE'S SHADOW ANCHORS — Direct frontage exposure across Hwy 18 from a Walmart Supercenter and adjacent to a Lowe's Home Improvement Supercenter — two of the highest-traffic retail anchors in the Jackson market.
• SUBWAY EARLY RENEWAL THROUGH 2030 — Globally recognized QSR tenant has signed an early five-year extension, providing credit-grade anchor income through October 2030.
• VALUE-ADD MASTER LEASE UPSIDE — Three suites currently delivered under a negotiable master lease; lease-up at market rents projects an incremental $60,000–$80,000+ in annual NOI upon stabilization.
• OPPORTUNITY ZONE — Federally designated Qualified Opportunity Zone offers capital-gains deferral and potential exclusion benefits for qualifying investors.
• 32,000 VPD HIGHWAY FRONTAGE — 189 feet of frontage on MS-18 with two curb cuts ensures maximum visibility and access.
• JACKSON STATE UNIVERSITY PROXIMITY — One mile from JSU (10,000 students) supports consistent retail and service demand in the immediate trade area.
• DENSE TRADE AREA — Five-mile population of 103,928 establishes a strong, stable consumer base.
• ZERO DEFERRED MAINTENANCE — Meticulously maintained asset with no known near-term capital expenditure requirements.
----------------------------------------------------------------------------
PROPERTY OVERVIEW
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Address: 5225 Hwy 18 W, Jackson, MS 39209
County: Hinds County
Parcel: 830-82-012
Building Size: 12,350 SF
Land Area: 1.41 Acres (61,420 SF)
Units / Tenants: 6 Units | 3 Active Tenants
Year Built: 1986
Construction: Masonry
Parking: 53 Spaces
Sprinklers: Yes
Frontage: 189' on MS-18 (2 Curb Cuts)
Traffic Count: 32,000 VPD
Occupancy: 66% Physical | Master Lease on Vacancies
WALT: 2.86 Years
Opportunity Zone: Yes
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FINANCIAL SUMMARY
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Asking Price: $2,100,000
Cap Rate: 8.5%
Gross Operating Income: $218,904
Reimbursements (CAM): $5,225
Adjusted Gross Income: $224,129
Total Expenses: $46,231
Net Operating Income: $177,898
----------------------------------------------------------------------------
TENANT ROSTER
----------------------------------------------------------------------------
• SUBWAY (1,900 SF) — Lease through October 2030; early 5-year extension signed. Pays $2.75/SF CAM.
• VAPE CON (1,387 SF) — Lease through May 2030.
• SUPER CLEAN LAUNDRY (5,500 SF) — Lease through October 2031.
• THREE SUITES (4,467 SF combined) — Currently under negotiable master lease; immediate lease-up upside.
----------------------------------------------------------------------------
LOCATION & MARKET
----------------------------------------------------------------------------
Highway 18 Plaza enjoys one of the most visible retail positions in west Jackson, with direct frontage on MS-18 Highway opposite a Walmart Supercenter and immediately adjacent to Lowe's Home Improvement. The corridor moves 32,000 vehicles per day and serves as a primary retail and commuter artery linking western Jackson to downtown.
The Property sits within one mile of Jackson State University (10,000+ enrolled students) and inside a five-mile trade area of 103,928 residents. Hinds County is the most populous county in Mississippi and Jackson is the state capital, providing diversified employment and demand drivers including state government, university operations, healthcare systems, and regional logistics.
The Property's Opportunity Zone designation makes it particularly compelling for investors with qualifying capital gains seeking long-term tax-advantaged real estate exposure.
----------------------------------------------------------------------------
OFFERING PROCESS
----------------------------------------------------------------------------
The Property is being marketed on an exclusive basis by East Coast Realty Partners. A full Confidential Offering Memorandum, financial detail, rent roll, lease abstracts, and property photographs will be released to qualified parties upon execution of a Confidentiality and Non-Disclosure Agreement and submission of proof of funds.
----------------------------------------------------------------------------
EXCLUSIVELY LISTED BY
----------------------------------------------------------------------------
EAST COAST REALTY PARTNERS
Commercial Real Estate Investment Advisors
Melville, NY | Delray Beach, FL
Licensed in NY, NJ, CT, FL, MS
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
12,350 SF
Building Class
C
Year Built
1986
Price
$2,100,000
Price Per SF
$170.04
Cap Rate
8.47%
NOI
$177,898
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.41 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
53 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
189’ on Ms-18 Hwy
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
Subway began in 1965 when Fred DeLuca and Peter Buck opened a submarine sandwich shop in Connecticut with a small investment and a handshake. The company grew through franchising and developed from a local sandwich shop into a global restaurant brand serving freshly made sandwiches at a value-oriented price point. Subway’s menu centers on submarine sandwiches and wraps, with additional offerings that include salads, cookies, soft drinks, and selected pizza items at some locations. The business operates through a large franchise network and maintains a significant presence across international markets while continuing to emphasize convenient, customizable meals.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- B
- 2,200 SF
- Retail
- In-Line
- Now
- C
- 2,200 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| B | 2,200 SF | Retail | In-Line | Now |
| C | 2,200 SF | Retail | In-Line | Now |
B
| Size |
| 2,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
C
| Size |
| 2,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0830-0082-012 | Improvements Assessment | $59,792 |
| Land Assessment | $32,136 | Total Assessment | $91,928 |
Property Taxes
Parcel Number
0830-0082-012
Land Assessment
$32,136
Improvements Assessment
$59,792
Total Assessment
$91,928
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