Mattress Direct

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Michael Jaworski

Senior Advisor

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PROPERTY ADDRESS

4680 Interstate 55 North, Jackson, MS 39211

PROPERTY INFORMATION

Price:
$1,393,939
Cap Rate:
8.25%
Term Remaining:
6+ years Years
Year Built:
2017
Status:
Available

INVESTMENT HIGHLIGHTS

  • In-Fill New Construction
  • Not your typical Mississippi real estate: The immediate area has the highest daytime population in the state and an average HH Income of $77,000
  • Situated along the primary north-south thoroughfare in Jackson (105,000 VPD)
  • Limited risk in rental down-pressure at the subject property. aka Rent was not inflated for developers benefit
  • Over 110,000 people living within a five mile radius
  • Positioned in the area’s primary retail corridor near Whole Foods, Lululemon, Kate Spade, etc. These Premiere retailers are major draws to the area
  • 5:1 Parking Ratio
  • Explicit Guaranty of Lease
  • 25 Locations, established and passionate business owners. aka Not a churn and burn Mattress Firm type