Address: 280 John R. Junkin Drive, Natchez, MS 39120
List Price: $2,450,000 | $30.68 PSF
GBA:+/- 79,864 SF
Site Size: +/- 6.72 Acres
Zoning: B-4 | Highway Business District
Offering Overview: Excellent opportunity to acquire a well-located property with multiple value add components. The improvements were constructed in 1968, with K Mart occupying the facility until 2016.
- Several short-term tenants currently in place, generating an approximate NOI of $157K.
- Upside via 40,000 of vacant space as well as outparcel development options.
- Directly adjacent to the flagship location of the Natchez Market grocery store chain.
- A lease with Valor Healthcare Inc. for approximately 9,756 square feet is pending.
- The property sits at a lighted intersection with multiple access points and unobstructed access to the Natchez Market grocery store.
For further listing details, please contact Chris Dozier at 504.722.5393