$400,000
Price
$5,634
Price Per Unit
71
Number of Units
$29
Price PSF
13,880
Rentable Square Feet
 
 

Capitalizing on Jackson’s Northside Demand Drivers

  • 13,880 / 70 Non-Climate Controlled Units / 1 Onsite Office
  • 56% Physical Occupancy / 37% Economic Occupancy Value Add through Lease up and Future Rental Rate Increases
  • Cap Rate at 65% Economic Occupancy is 7.6% with a Cash on Cash Return of 7.29% Cap Rate at 85% Economic Occupancy is 13.31% with a Cash on Cash Return of 26.32% Fully Fenced and Gated
  • Boots on the Ground takes care of the property in exchange for a 30x40 units which rents for $365 per month Seller is willing to lease back the office space for $500 per month for a period of time

Strategic North Jackson Access Along the I-55 / County Line Retail Corridor

  • Excellent interstate connectivity in one of Jackson’s most traveled commercial corridors: The property sits just off I-55 at Beasley Road, with immediate access to I-55, I-220, County Line Road, Northside Drive, and U.S. 51/State Street—a major advantage for both local customers and pass-through traffic from Jackson, Ridgeland, Madison, and surrounding suburbs. I-55 is the metro’s primary north-south commuter spine, while I-220 functions as a key bypass connecting western Jackson to the northern suburbs
  • Surrounded by strong traffic counts and a proven retail trade area: Nearby North Jackson retail centers report traffic counts of approximately 96,000–107,000 vehicles per day on I-55, 32,000–37,000 VPD on County Line Road, and roughly 48,000 VPD on I-220, underscoring the visibility and accessibility of the corridor that serves this site.
  • Near major retail, dining, lodging, and daily-need traffic generators: The property benefits from proximity to established North Jackson / Ridgeland commercial anchors including Target, The Junction, County Line Plaza, Highland Village Shopping Center, Drago's Seafood Restaurant - Jackson, Hilton Jackson, Extended Stay America Suites- Jackson - East Beasley Road, and Topgolf in Ridgeland. These surrounding uses help drive consistent daily activity and reinforce the corridor as a regional shopping and service destination.
  • Access to Jackson’s medical, tourism, and institutional demand base: North Jackson provides convenient access to Jackson’s broader employment and visitor ecosystem, including UMMC, St. Dominic, the downtown government/medical core, and major attractions such as the Mississippi Civil Rights Museum, Mississippi Children’s Museum, museums, fairgrounds, and convention/event venues. That mix of healthcare, state government, higher education, tourism, and regional events supports recurring residential, business, and transitional storage demand
FOR MORE DETAILS CONTACT
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
Mporter@superiorcapitaladvisors.com
MS B-23509