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807-809 Varsity Dr
4,500 - 21,466 SF of Office/Retail Space Available in Tupelo, MS 38801
Highlights
- An outparcel opportunity is available, along with drive-thru capability for the end cap space.
- Dual curb cuts providing convenient ingress and egress to the property.
- This property is less than 2 miles from Cadence Arena, the largest indoor multipurpose arena in Mississippi.
- 58 total parking spaces, including 8 designated handicap spaces.
- Conveniently located near the North Mississippi Medical Center and directly adjacent to Tupelo's Midtown Pointe Development.
- Prime signage space available, providing excellent visibility and exposure for businesses.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 4,500-21,466 SF | Negotiable | £6.28 /SF/PA £0.52 /SF/MO £67.55 /m²/PA £5.63 /m²/MO £134,705 /PA £11,225 /MO | Triple Net |
1st Floor
This versatile 21,466 square-foot space offers a prime opportunity for medical, office, or retail space. This space offers flexible layouts and can accommodate a wide range of users, making it ideal for various business needs.
- Lease rate does not include utilities, property expenses or building services
- 21,466 square feet of flexible space.
- Ideal for medical, office, or retail space.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 807-809 Varsity Dr , Tupelo, MS 38801
Min. Divisible | 4,500 SF | Gross Internal Area | 29,429 SF |
Property Type | Retail | Year Built | 1965 |
Property Subtype | Storefront | Parking Ratio | 1.97/1,000 SF |
Min. Divisible | 4,500 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Internal Area | 29,429 SF |
Year Built | 1965 |
Parking Ratio | 1.97/1,000 SF |
About the Property
809 Varsity Dr is situated in the heart of Tupelo’s Entertainment District, just under two miles from the Cadence Arena, Mississippi’s largest indoor multipurpose venue. This prime location offers exceptional visibility and is ideal for businesses looking to thrive in a high-traffic, vibrant environment. The property is also adjacent to Tupelo's Midtown Point Development, adding to its appeal as a hub for retail, entertainment, and commerce. Dual curb cuts provide seamless ingress and egress, ensuring smooth traffic flow for both employees and customers. Additionally, there is an outparcel opportunity and drive-thru capability for end-cap tenants, making this property even more versatile.
- Drive Thru
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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807-809 Varsity Dr
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