120 Stribling LnBrandon, MS 39042

  • Turn key restaurants
  • 6,037 SF
For Lease
$24/SF/YR View listing

Property Details for 120 Stribling Ln

Year built
2008
Lot size
1.00 AC
Property size (Sq ft)
6,037 SF
Property type
Turn key restaurants
APN
H08M000003 00060
APU
H08M00000300060

Description

This 1,488 square foot retail space is part of a larger 5,828 square foot multi-tenant shopping center located at 120 Stribling Lane in Brandon, Mississippi. Built in 2008, the property sits on a one-acre lot and enjoys excellent street visibility from Crossgates Boulevard, a high-traffic area boasting 27,000 vehicles per day. The space features a drive-thru, previously occupied by Super Shakes, making it ideal for a variety of quick-service or fast-casual businesses. The shopping center benefits from a strong tenant mix, including established national brands such as McDonald's, CVS, Chick-fil-A, Starbucks, Whataburger, and Applebee's, ensuring high foot traffic and brand synergy. The available space offers immediate occupancy and presents a unique opportunity for businesses seeking a prime location in a thriving retail corridor within Rankin County. The property's location provides easy access to major roadways and a dense residential population, guaranteeing a substantial customer base. This is a turnkey opportunity for a business looking to establish or expand its presence in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,487,562
    6.5%
    $1,373,134
    7%
    $1,275,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,160,480
    Geo Method
    $2,967,494
  • Alternative Use

    Use
    Valuation
    Residential
    $1,158,290
    Hospitality
    $1,060,987
    Educational
    $882,729
    Medical
    $913,087
    Retail
    $1,373,134

Location Insight

City
Brandon
County
Rankin
State
Mississippi
Latitude
32.2825
Longitude
-90.037
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$25,487
-
-
$212,111
-
$609,840
$804,230
$1,414,070

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