1041 Us-61 Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1041 Us-61 Hwy
11,800 SF Retail Building Tunica, MS 38676 £1,095,430 (£93/SF)
Executive Summary
**FOR SALE: Cash Flowing Commercial Strip Center in Prime Location**
Address: 1041 US-61 Hwy & Beat Line Rd, Tunica, MS 38676
Property Overview:
An excellent investment opportunity awaits with this well-maintained commercial strip center located on a high-traffic corridor in Tunica, MS. Strategically positioned on US-61 Hwy, this center provides outstanding visibility and accessibility, drawing steady foot traffic from both locals and visitors.
Investment Highlights:
- Strong Cash Flow: This property generates consistent rental income, making it an ideal asset for investors seeking immediate cash flow.
- Tenant-Paid Utilities: Tenants are responsible for their own utility costs, with the owner covering only taxes and insurance—keeping operational costs low.
- Vacant Unit Opportunity: With one vacant unit, there’s potential for additional income, making this a value-add property for investors or business owners looking to expand.
Property Details:
- Location: US-61 Hwy & Beat Line Rd, a well-traveled route in Tunica, surrounded by retail, dining, and service businesses
- Current Occupancy: Mostly occupied with steady tenants
- Owner Expenses: Taxes and insurance only
- Tenant Expenses: Utilities paid by tenants
- Growth Potential: Opportunity to increase cash flow by leasing the vacant unit
Don't miss out on this chance to own a performing asset in Tunica’s growing commercial sector. This property combines low ownership costs with solid income, making it a valuable addition to any portfolio.
For more information or to schedule a showing, please contact us!
Address: 1041 US-61 Hwy & Beat Line Rd, Tunica, MS 38676
Property Overview:
An excellent investment opportunity awaits with this well-maintained commercial strip center located on a high-traffic corridor in Tunica, MS. Strategically positioned on US-61 Hwy, this center provides outstanding visibility and accessibility, drawing steady foot traffic from both locals and visitors.
Investment Highlights:
- Strong Cash Flow: This property generates consistent rental income, making it an ideal asset for investors seeking immediate cash flow.
- Tenant-Paid Utilities: Tenants are responsible for their own utility costs, with the owner covering only taxes and insurance—keeping operational costs low.
- Vacant Unit Opportunity: With one vacant unit, there’s potential for additional income, making this a value-add property for investors or business owners looking to expand.
Property Details:
- Location: US-61 Hwy & Beat Line Rd, a well-traveled route in Tunica, surrounded by retail, dining, and service businesses
- Current Occupancy: Mostly occupied with steady tenants
- Owner Expenses: Taxes and insurance only
- Tenant Expenses: Utilities paid by tenants
- Growth Potential: Opportunity to increase cash flow by leasing the vacant unit
Don't miss out on this chance to own a performing asset in Tunica’s growing commercial sector. This property combines low ownership costs with solid income, making it a valuable addition to any portfolio.
For more information or to schedule a showing, please contact us!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
11,800 SF
Building Class
B
Year Built/Renovated
1994/2010
Price
£1,095,430
Price Per SF
£93
Tenancy
Single
Number of Floors
1
Building FAR
0.38
Lot Size
0.72 AC
Parking
40 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
Parcel Number | 5112040200008701 | Total Assessment | £47,614 |
Land Assessment | £2,347 | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £45,266 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
5112040200008701
Land Assessment
£2,347
Improvements Assessment
£45,266
Total Assessment
£47,614
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1041 Us-61 Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.