105 Edgewood Dr, Mccomb, MS 39648
2,200 SF | Retail Building | Mccomb, MS 39648 | $1,911,000 ($869/SF) | 6.15% Cap Rate
For Sale
Active
Asking Price $1,911,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,200 SF
- Price / Square Foot
- $869
Listing Contacts
Michael Yuras
Scott Crowle
Vincent Aicale
Ryan Forsyth
Kevin Murray
- Property Info
Property Overview
High-visibility and easily accessible location along State Route 570/Veterans Boulevard, a major east-west McComb thoroughfare traversing the entirety of the city (12,000 AADT)
Trophy setting with immediate access to Interstate 55, which connects to New Orleans, Louisiana and will allow the site to capture significant commuter traffic (29,000 AADT)
Infill location outparcel to Uptown McComb, McComb’s premier shopping center featuring 236,000+ SF of retail space, six current anchor tenants, and 45 total stores
Neighbored by a Chick-fil-A featuring a dedicated dual-lane drive-thru
Directly adjacent to a Walmart Supercenter, allowing the site to capture significant crossover shopping opportunities
Beneficial proximity to major national retailers such as Lowe’s Home Improvement, McDonald’s, Applebee’s Grill + Bar, Arby’s, Zaxby’s, Golden Corral Buffet & Grill, and more
48,372 residents live within fifteen miles of the property, providing a large and stable customer base for the site
Projected income increases within 5-, 10-, and 15-mile radii over the next five years poise Starbucks and McComb for steady concurrent growth
One mile from Southwest Mississippi Regional Medical Center (160 beds, 742 employees)
Common gateway to Baton Rouge and New Orleans, allowing the site to capture long-haul and commuter traffic
Trophy setting with immediate access to Interstate 55, which connects to New Orleans, Louisiana and will allow the site to capture significant commuter traffic (29,000 AADT)
Infill location outparcel to Uptown McComb, McComb’s premier shopping center featuring 236,000+ SF of retail space, six current anchor tenants, and 45 total stores
Neighbored by a Chick-fil-A featuring a dedicated dual-lane drive-thru
Directly adjacent to a Walmart Supercenter, allowing the site to capture significant crossover shopping opportunities
Beneficial proximity to major national retailers such as Lowe’s Home Improvement, McDonald’s, Applebee’s Grill + Bar, Arby’s, Zaxby’s, Golden Corral Buffet & Grill, and more
48,372 residents live within fifteen miles of the property, providing a large and stable customer base for the site
Projected income increases within 5-, 10-, and 15-mile radii over the next five years poise Starbucks and McComb for steady concurrent growth
One mile from Southwest Mississippi Regional Medical Center (160 beds, 742 employees)
Common gateway to Baton Rouge and New Orleans, allowing the site to capture long-haul and commuter traffic
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 92,783 SF
Highlights
- 10-year corporate net lease to Starbucks Corporation
- 10% fixed rental increases every five years in initial term and 8% increases in option periods
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- New high-quality 2023 construction built to latest Starbucks prototype
- Site features a drive-thru and patio seating for added customer convenience
- Directly adjacent to a Walmart Supercenter, allowing the site to capture significant crossover shopping opportunities
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