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1.76 Acres of Commercial Land in Southaven Towne Center

6475 Airways Blvd, Southaven, MS 38671, USA
$545,000

Description

Price Reduction: The price has been reduced from $695,000 to $545,000, making this opportunity even more enticing!

Available for Sale or Land Lease.

Lot 3 spans 1.76 Acres (with 1.52 Acres of usable space). It’s one of only 2 lots left at Southaven Towne Center. Much of the legal and permitting work has already been completed for a standalone restaurant.

Key Features:

  • Prime location as an out-parcel, situated on a hard corner at Southaven Towne Center.
  • Located in a high traffic area off of I-69 with 63,000 AADT (Average Annual Daily Traffic) and Goodman Rd with 38,000 AADT.
  • The occupancy rate exceeds 95%, with an impressive average sales figure of over $300 per square foot.

This lot presents versatile possibilities:

  • Ideal for a standalone restaurant or retail building.
  • Potential for amalgamation with the adjacent lot to unlock various options such as a small strip center, hotel, large retail structure, and more.

Investment Highlights

  • Motivated Seller.
  • Option for Land Lease is open.
  • Situated within the bustling Southaven Towne Center, an open-air mall.
  • Southaven Towne Center, where store sales average over $300 per square foot.
  • Positioned in a high-traffic zone adjacent to I-69 with 63,000 AADT and Goodman Rd with 38,000 AADT.
  • One of 2 Lots still available at Southaven Towne Center which has $300+ SF in Store Sales.

    https://www.crexi.com/properties/318277/mississippi-176-acres-of-commercial-land-for-sale

  • Address: 6475 Airways Blvd, Southaven, MS 38671
  • City: Southaven
  • State/county: Mississippi
  • Zip/Postal Code: 38671
  • Country: United States

Detail

Updated on May 13, 2024 at 12:10 pm

  • Price: $545,000
  • Land Area: 1.76 SF
  • Property Type: Commercial Land
  • Property Status: For Sale

Contact info

Matt Demir
Matt Demir
(904) 200-1835
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