1725 24th Avenue

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1725 24th Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This retail property encompasses a total of 2,120 square feet.
  • The convenience store is located at 1725 24th Avenue in Meridian.
  • The site sits within the primary commercial corridor of Meridian Mississippi.
  • This asset is currently available for sale to qualified business buyers.
  • The location benefits from steady regional traffic within Lauderdale County.

What's Special

Spanning 2,120 square feet, this retail convenience store sits at 1725 24th Avenue in Meridian, Mississippi. Positioned within a key transit corridor in the city, the property benefits from the established economic activity of Lauderdale County. The local market remains a central hub for commerce and logistics in East Mississippi, supported by diverse regional infrastructure and steady population density. This asset serves as an functional site for retail operations, catering to consistent local demand for essential goods and services. Given the layout and positioning, the space provides visibility for consistent traffic flow typical of this submarket. The property is well-suited for an owner-user looking to maintain an active convenience retail presence or an investor seeking a footprint in this growing municipal core.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times