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

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

967 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

954 Main St

2,670 SF 100% Leased Retail Building Southaven, MS 38671 £396,851 (£149/SF) 4.89% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Traffic Count averages 23,000 cars a day
  • Tenant Recently Updated and Improved Space!
  • Great Location!
  • Modified Gross Lease for Three-Year Tenant
  • Quick Service Restaurant for Investment Opportunity!

EXECUTIVE SUMMARY

Our experienced commercial real estate team is happy to present a great investment opportunity with a three-year modified gross lease that ends December 31, 2023. This space is located on Main Street on the border of Memphis and Southaven. Just a block from Interstate 55, this location offers a drive-thru, thirty parking spaces, commercial kitchen, and it has recently been renovated by the current tenant. If you are looking for a great investment opportunity, give us a call today!

ATTACHMENTS

Sales Brochure BO - 954 Stateline Southaven

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,670 SF
Building Class
C
Year Built
1985
Price
£396,851
Price Per SF
£149
Net Initial Yield
4.89%
NOI
£19,406
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.11
Lot Size
0.57 AC
Zoning
C-3
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
119 ft on Main St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru
1 of 1

NEARBY MAJOR RETAILERS

Regions Bank
Cadence Bank
Checkers
Sam's Southern Eatery
Kroger
Waffle House
Chicken Salad Chick
Curves
1st Heritage Credit

PROPERTY TAXES

Parcel Number 1086130000002701 Improvements Assessment £18,992
Land Assessment £18,640 Total Assessment £37,632

PROPERTY TAXES

Parcel Number
1086130000002701
Land Assessment
£18,640
Improvements Assessment
£18,992
Total Assessment
£37,632
(901) 833-8000

CONTACT

  • Listing ID: 19744650

  • Date on Market: 01/06/2020

  • Last Updated:

  • Address: 954 Main St, Southaven, MS 38671

The Retail Property at 954 Main St, Southaven, MS 38671 is currently available for sale. Contact KW Commercial for more information.

1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/10
954 Main St, Southaven, MS for sale Building Photo- Image 1 of 10
Image 1 - 954 Stateline
954 Main St, Southaven, MS for sale Building Photo- Image 2 of 10
Image 2 - 954 Stateline
954 Main St, Southaven, MS for sale Interior Photo- Image 3 of 10
IMG_0622
954 Main St, Southaven, MS for sale Interior Photo- Image 4 of 10
IMG_0623
954 Main St, Southaven, MS for sale Interior Photo- Image 5 of 10
Image 3 - 954 Stateline
954 Main St, Southaven, MS for sale Interior Photo- Image 6 of 10
Image 4 - 954 Stateline
954 Main St, Southaven, MS for sale Interior Photo- Image 7 of 10
Image 5 - 954 Stateline
954 Main St, Southaven, MS for sale Interior Photo- Image 8 of 10
Image 6 - 954 Stateline
954 Main St, Southaven, MS for sale Interior Photo- Image 9 of 10
Image 7 - 954 Stateline

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

954 Main St
(901) 833-8000 x

954 Main St

Rhodes Thompson

(901) 833-8000

(901) 833-8000

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link