For Sale
$2,417,963

306 Sunflower Rd Cleveland, MS 38732

High-yield Tractor Supply storefront

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a single-tenant, 84,095 square foot storefront located at 306 E Sunflower Rd, Cleveland, MS 38732. The property boasts a 100% occupancy rate with Tractor Supply, the largest rural lifestyle retailer in the U.S., under a lease with 11 years remaining. Situated on a 20,369 square foot lot on bustling Sunflower Road, between Memphis, TN and Jackson, MS, this property benefits from high visibility and convenient access. The building is in excellent condition and enjoys proximity to major national retailers like Walgreens and Kroger, as well as the Grammy Museum. The asking price is $2,417,963, representing a price per square foot of $28.75 and a compelling 5.79% cap rate. This single-story building offers a stable, passive income stream with minimal landlord responsibilities and significant potential for long-term growth. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment for those seeking a secure and high-return opportunity in the Mississippi retail market. This is a rare chance to acquire a well-established, high-performing retail asset with substantial upside.

Highlights

  • Tractor Supply Co. storefront in Cleveland, MS, listed at $2,417,963.
  • 84,095 SF single-tenant retail building on a 20,369 SF lot.
  • 100% occupancy with 11 years remaining on the lease.
  • $28.75/SF price, 5.79% cap rate.

Property Details for 306 Sunflower Rd

Property type
Retail properties, Retail space
Square Feet
84,095 SF
Buildings
1
Stories
1
Units
1

Location Insight

City
Cleveland
County
Bolivar
State
Mississippi
Latitude
33.747451775611
Longitude
-90.718951762008

FAQs

What type of property is this?
Retail property - High-yield Tractor Supply storefront
Where is the retail property located?
The property is located at 306 Sunflower Rd Cleveland, MS.
What is the asking price?
The asking price for this property is $2,417,963.
What are key features of this property?
This property features: Tractor Supply Co. storefront in Cleveland, MS, listed at $2,417,963.; 84,095 SF single-tenant retail building on a 20,369 SF lot.; 100% occupancy with 11 years remaining on the lease.
How can I contact the broker?
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306 Sunflower Rd
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