Northwest Shopping Center | 1575 Jerry Clower Blvd
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Northwest Shopping Center 1575 Jerry Clower Blvd
64,791 SF 47% Leased Retail Building Yazoo City, MS 39194 £939,960 (£15/SF)
Investment Highlights
- Prime opportunity to capitalize on high-demand retail space
- Ideal for retail and street retail Investors
Executive Summary
Introducing a heavy value-added retail investment opportunity at 1570-1575 Jerry Clower Blvd in Yazoo City, MS. This substantial
64,791 SF building is strategically located at the Northwest quadrant of Jerry Clower Blvd (Highway 49) and Fifteenth Street. The
immediate area includes a large amount of retail, fast food restaurants and other typical neighborhood uses. The property has
been nearly 100% occupied for the past 5-years; however, has lost two large tenants in the past 9-12 months which included Dirt
Cheap and a bingo hall. This is an excellent opportunity for an investor or user to acquire this property and its 4.6 acre site and
either completely renovate the shopping center and/or re-develop the site.
INCLUDED & NOTED ON THE RENT ROLL, THE PROPERTY HAS AN OUTPARCEL RESTAURANT BUILDING OF 1,890 SF AND
TWO (2) GROUND LEASES.
Spaces Currently Available For Lease: 1,200 - 30,000 SF
Lease Rate: $3.00-$5.00/SF, Modified Gross
64,791 SF building is strategically located at the Northwest quadrant of Jerry Clower Blvd (Highway 49) and Fifteenth Street. The
immediate area includes a large amount of retail, fast food restaurants and other typical neighborhood uses. The property has
been nearly 100% occupied for the past 5-years; however, has lost two large tenants in the past 9-12 months which included Dirt
Cheap and a bingo hall. This is an excellent opportunity for an investor or user to acquire this property and its 4.6 acre site and
either completely renovate the shopping center and/or re-develop the site.
INCLUDED & NOTED ON THE RENT ROLL, THE PROPERTY HAS AN OUTPARCEL RESTAURANT BUILDING OF 1,890 SF AND
TWO (2) GROUND LEASES.
Spaces Currently Available For Lease: 1,200 - 30,000 SF
Lease Rate: $3.00-$5.00/SF, Modified Gross
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
64,791 SF
Building Class
C
Year Built
1993
Price
£939,960
Price Per SF
£15
Percent Leased
47%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.32
Lot Size
4.60 AC
Zoning
C-3 - Highway Commercial District
Parking
350 Spaces (5.4 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3-278B-27-012.00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £17,300 |
PROPERTY TAXES
Parcel Number
3-278B-27-012.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£17,300
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Northwest Shopping Center | 1575 Jerry Clower Blvd
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