2711 Greenway DrJackson, MS 39204

  • Retail properties
  • 199,976 SF
For Lease

Property Details for 2711 Greenway Dr

Year built
1997
Lot size
23.77 AC
Property size (Sq ft)
199,976 SF
Property type
Retail properties
Property subtype
Retail space
APN
0831 0104 000
APU
8310104000

Description

This exceptional retail opportunity presents 24,073 square feet of space within the Metro Junction community center, situated at 2711 Greenway Dr, Jackson, MS 39204. Built in 2002, the center boasts a strong tenant mix including national brands such as Cato, It's Fashion, Shoe Show, H&R Block, and Check Into Cash. The property offers excellent visibility from MS Highway 18, benefiting from high traffic counts exceeding 34,000 vehicles per day. Currently, 4,626 square feet of space is available, with a minimum divisible unit of 1,602 square feet and a maximum contiguous space of 3,024 square feet. One space of 2,715 square feet is immediately available. The center provides ample parking with a ratio of 5.94 spaces per 1,000 square feet. Its strategic location in Hinds County places it within easy reach of downtown Jackson and Jackson State University, serving a densely populated area. The property's restrictions prohibit internet cafes and tattoo parlors. This is a rare opportunity to secure retail space in a thriving, well-established center with strong co-tenancy and high visibility. The property is conveniently located in a high-traffic area, ensuring maximum exposure for your business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $47,843,936
    6.5%
    $44,163,632
    7%
    $41,009,088
  • Comparable approach

    Method
    Valuation
    Relative Method
    $38,440,952
    Geo Method
    $98,298,440
  • Alternative Use

    Use
    Valuation
    Residential
    $37,253,676
    Hospitality
    $34,124,168
    Educational
    $28,390,906
    Medical
    $29,367,312
    Retail
    $44,163,632
2711 Greenway Dr, Jackson, Mississippi

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.2885
Longitude
-90.2683
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
2023
$315,066
$448,689
$1,189,296
$1,637,985
-
$2,991,260
$7,928,640
$10,919,900

FAQs

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