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Senatobia Shops 98-110 E Main St 15,300 SF 100% Leased Retail Building Senatobia, MS 38668 $1,236,766 ($80.83/SF) 8.85% Cap Rate



Investment Highlights
- Tenant Stability – Long-term leases in place, with several tenants showing years of commitment to the site, ensuring stable cash flow.
- Strip Center Intrinsics – Senatobia Shops embodies the low risk associated with smaller, leasable tenant spaces.
- Attractive retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
- Rent Growth – Majority of the tenants are paying below market rent, presenting an opportunity for future rent growth.
- E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
- High Yield – High yield investment that rarely comes available.
Executive Summary
Phillip Carpenter
License # C-11708 (MS)
Matthews Real Estate Investment Services, Inc
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cathey Enterprises
- Professional, Scientific, and Technical Services
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- Dr. Glenn Goldring
- Health Care and Social Assistance
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Fidelity National Loans has kept its reliable personal loan lending service strong for decades with one thing in mind – superior customer service. While it handles many levels of lending, its focus is very local with locations conveniently located for loans in Mississippi. That same spirit of community also permeates its teams in each city with that comfortable feeling of dealing with “someone you know”. It takes a few moments to get to know us as we strive to assist our communities’ people, families, and businesses for a more productive future!
- Michael T. Williams Tax Office
- Finance and Insurance
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Pro Nails is a full service nail salon and spa specializing in high quality nail art. They operate salons and spas all over the continental United States and dedicate their time and energy in to making sure their customers have a comfortable experience and leave satisfied. Pro Nails' nail artists are very experienced, having spent years mastering nail art. They guarantee that their patrons will leave satisfied and they will anticipate the next visit. Their nail salons are clean, comfortable, and professional making them the best in the business.
- Sam's Cell Phone & Accessories
- Information
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Shelter Insurance Companies began in 1946 as the insurance arm of the Missouri Farmers Association. The company initially focused on auto insurance for MFA members before expanding its services. In 1981, it adopted the Shelter Insurance name inspired by MFA's slogan. Today, the company offers various personal and commercial policies including homeowners, renters, life, and farm insurance. Shelter operates through independent agents in multiple states and emphasizes community involvement. The organization remains a mutual company owned by policyholders rather than shareholders.
Smoker Friendly began in 1989 and has grown into a tobacco retail business with a network of independently owned and operated stores. The company focuses on cigarettes, machine-made cigars, MYO products, premium cigars, premium pipe tobacco, and smokeless tobacco. Its store model also centers on retailing the SF brand family of tobacco products and serving customers through a broad convenience-style tobacco assortment. Smoker Friendly remains family owned and has continued to build its business around tobacco retailing and related consumer products.
- Tobacco Superstore
- Retailer
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- Vapor Superstore
- Retailer
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cathey Enterprises | Professional, Scientific, and Technical Services | - | - | - | ||
| Dr. Glenn Goldring | Health Care and Social Assistance | - | - | - | ||
|
Finance and Insurance | - | - | - | ||
| Michael T. Williams Tax Office | Finance and Insurance | - | - | - | ||
|
Services | - | - | - | ||
| Sam's Cell Phone & Accessories | Information | - | - | - | ||
|
Finance and Insurance | - | - | - | ||
|
Retailer | - | - | - | ||
| Tobacco Superstore | Retailer | - | - | - | ||
| Vapor Superstore | Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 099B-11-0000602 | Improvements Assessment | $85,527 |
| Land Assessment | $16,962 | Total Assessment | $102,489 |
Property Taxes
Presented by
Senatobia Shops | 98-110 E Main St
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