1570 Jerry Clower BlvdYazoo City, MS 39194

Property Details for 1570 Jerry Clower Blvd

Year built

1993

Lot size

4.60 AC

Property size (Sq ft)

64,791 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional value-add investment opportunity presents a 64,791 square foot retail shopping center situated on a 4.6-acre lot at 1570-1575 Jerry Clower Blvd in Yazoo City, Mississippi, zip code 39194. The property, built in 1993, features a single story building with C-3 zoning. Currently at 47% occupancy, this multi-tenant shopping center offers significant upside potential. The center benefits from a prime location at the northwest quadrant of Jerry Clower Boulevard (Highway 49) and Fifteenth Street, surrounded by a thriving retail environment including numerous fast-food restaurants and other neighborhood businesses. While previously nearly 100% occupied, recent tenant turnover (including Dirt Cheap and a bingo hall) presents a chance for repositioning and redevelopment. The property includes an additional 1,890 square foot outparcel restaurant building and two ground leases. Available spaces range from 1,200 to 30,000 square feet, with lease rates between $3.00 and $5.00 per square foot on a modified gross lease basis. The asking price for this significant retail investment is $1,200,000. This is an ideal opportunity for investors seeking to capitalize on high-demand retail space in a growing area. The APN is 3-278B-27-012.00.

Location Insight

City

Yazoo City

County

Yazoo

State

Mississippi

Latitude

32.8653

Longitude

-90.3942

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