For Sale
$9,000,000

118 Ms-12Starkville, MS 39759

High-yield, NNN-leased retail center

Overview

Added:
Dec 11, 2024
Days on market:
117
Prime Starkville location, 62,303 SF, 100% occupied, $9M asking price. Recently renovated, strong NOI, exceptional investment opportunity near Mississippi State University. Three tenants with long-term leases, significant upside potential. High traffic counts, excellent visibility. Class A asset with a 5.71% cap rate.

Highlights

  • $9,000,000 asking price for a stabilized, net-leased Class A shopping center.
  • 62,303 square feet, single-tenant occupancy at 100%, with a $144.46 price per square foot.
  • 5.71% cap rate, generating a net operating income (NOI) of $513,581.
  • Located at 118 MS-12, Starkville, MS 39759, in Oktibbeha County, near Mississippi State University.
  • Recently renovated in 2024, featuring three units in one building, with three NNN leases and multiple 5-year renewal options.

Property Details for 118 Ms-12

Property type
Lifestyle centers, Power centers
Square Feet
62,303 SF
Class
A
Year Renovated
2024
Buildings
1
Units
3

Location Insight

City
Starkville
County
Oktibbeha
State
Mississippi
Latitude
33.454232187767
Longitude
-88.816846925988
118 Ms-12, Starkville, Mississippi

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
118 Ms-12
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message