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905 US Highway 278
Amory, MS 38821
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property is positioned in a dense retail corridor with strong surrounding national and regional retailers
- The site includes approximately 160 surface spaces supporting customer accessibility and tenant success
- Major upgrades and renovations have been completed, enhancing property appeal and operational efficiency
- Offers excellent frontage along US 278 with a signalized entrance ensuring convenient ingress and egress
- Anchored by high-profile tenants with established credit
- Current rents are below market, creating an opportunity for upside through rent increases
EXECUTIVE SUMMARY
Total SF: ±49,518 SF o Building 1 (Food Giant & TSC): ±46,893 SF o Building 2 (Subway): ±2,625 SF
Food Giant, Tractor Supply & Subway
100% Occupied Center
Food Giant, Tractor Supply & Subway
100% Occupied Center
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
47,989 SF
Building Class
C
Year Built/Renovated
1980/2020
Price
$2,655,500
Price Per SF
$55.34
Cap Rate
8%
NOI
$212,370
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
44.16 AC
Opportunity Zone
Yes
Frontage
448’ on 5th Avenue South
PROPERTY TAXES
| Parcel Number | 309M-31-004-001.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $269,631 |
PROPERTY TAXES
Parcel Number
309M-31-004-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$269,631
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