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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!

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
146 ft on Us-61 Hwy N

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection

PROPERTY TAXES

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
  • Listing ID: 33732768

  • Date on Market: 02/11/2024

  • Last Updated:

  • Address: 1041 Us-61 Hwy, Tunica, MS 38676

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