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Northpark & Hiway 18 Porfolio 2 Retail Properties Offered at $4,900,000 in Multiple Locations
Investment Highlights
- High-Visibility Retail Locations in Jackson & Ridgeland, MS
- Traffic Counts Exceeding 32,000–40,000+ Vehicles Per Day
- Shadow-Anchored / Adjacent to Walmart, Lowe’s & Northpark Mall
Executive Summary
Two-Property Mississippi Retail Portfolio
Combined Asking Price: $4,900,000
Combined NOI: Approximately $378,553
Blended Cap Rate: Approximately 7.7%
Strong In-Place Cash Flow with Additional Value-Add Upside
High-Visibility Retail Locations in Jackson & Ridgeland, MS
Shadow-Anchored / Adjacent to Walmart, Lowe’s & Northpark Mall
Combined 27,751+ SF Across Two Multi-Tenant Centers
Opportunity Zone Designation at Both Properties
Traffic Counts Exceeding 32,000–40,000+ Vehicles Per Day
Diversified Tenant Mix Including National, Regional & Local Tenants
Significant Frontage, Strong Access & Ample Parking
Attractive Blend of Stabilized Income & Future Rental Growth Potentia
Combined Asking Price: $4,900,000
Combined NOI: Approximately $378,553
Blended Cap Rate: Approximately 7.7%
Strong In-Place Cash Flow with Additional Value-Add Upside
High-Visibility Retail Locations in Jackson & Ridgeland, MS
Shadow-Anchored / Adjacent to Walmart, Lowe’s & Northpark Mall
Combined 27,751+ SF Across Two Multi-Tenant Centers
Opportunity Zone Designation at Both Properties
Traffic Counts Exceeding 32,000–40,000+ Vehicles Per Day
Diversified Tenant Mix Including National, Regional & Local Tenants
Significant Frontage, Strong Access & Ample Parking
Attractive Blend of Stabilized Income & Future Rental Growth Potentia
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Highway 18 Plaza
5225 W Highway 18, Jackson, MS 39209 |
Retail | 12,350 SF | 1986 | $4,150,000 |
|
Northpark Station
201 Ring Rd, Ridgeland, MS 39157 |
Retail | 15,023 SF | 2005 | - |
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Northpark & Hiway 18 Porfolio
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