419 Dr. Martin Luther King DrRuleville, MS 38771

Property Details for 419 Dr. Martin Luther King Dr

Year built

2018

Property size (Sq ft)

5,000 SF

Property type

Retail properties

Description

This exceptional 5,000 square foot retail property, built in 2018, presents a lucrative investment opportunity in Ruleville, Mississippi. Currently leased to Mexico Grill at a monthly rent of $3,000, with a continuing lease in place, this property offers immediate cash flow. The building is situated at 419 E Dr. Martin Luther King Drive, 38771, and boasts ample parking, accommodating approximately 50 vehicles on an approximately one-acre lot. Its strategic location provides excellent visibility and accessibility. A significant advantage is the inclusion of an adjacent vacant lot to the south, offering direct highway frontage on Highway 49 near the intersection of Highway 8. This presents a unique opportunity for expansion or development of an additional business, significantly increasing the property's overall value and potential return on investment. The asking price for this turnkey retail investment is $1,500,000. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential for future growth. The combination of a strong existing tenant, ample parking, and the adjacent development land makes this a truly compelling investment opportunity in a thriving Mississippi market.

Location Insight

City

Ruleville

County

Sunflower

State

Mississippi

Latitude

33.7316

Longitude

-90.5426

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].