2420 8th Street

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2420 8th Street

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).

  • Retail convenience store property spanning 2,089 square feet.
  • Located at 2420 8th Street in Meridian, Mississippi.
  • Property occupies a central site within the local market.
  • Asset is currently available for purchase by interested parties.
  • Meridian provides a stable economic environment for commercial retail.

What's Special

This retail convenience store encompasses 2,089 square feet of space at 2420 8th Street in Meridian, Mississippi. Positioned within a central corridor of the city, the asset benefits from its accessibility to local traffic flows and established neighborhood density. Meridian serves as a significant economic and industrial hub in East Mississippi, providing a steady base of daily commuters and residents who rely on local retail services. The property is well-suited for continued use as a convenience store or could potentially be repurposed for specialized retail or service-oriented business models. The building footprint allows for straightforward interior configurations to accommodate various retail layouts or essential operational needs. Investors and business owners looking for a foothold in the Meridian submarket will find this location offers practical utility and visibility in a consistent retail landscape.

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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