3004 8th Street

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3004 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 available for purchase in Meridian.
  • Building encompasses a total area of 1,682 square feet.
  • Strategically situated at 3004 8th Street in Mississippi.
  • Suitable for an investor or an owner-occupier operator.
  • Located within a consistent retail corridor in the city.

What's Special

This retail property at 3004 8th Street in Meridian, Mississippi, is currently available for sale, presenting a functional acquisition for an investor or operator seeking a standalone convenience store asset. The building spans 1,682 square feet and is positioned within a established commercial corridor of this growing regional hub. Meridian serves as a vital economic center in eastern Mississippi, benefiting from a steady flow of local traffic and a robust surrounding community. Given the property layout and existing use, the site is well-suited for continued operations as a retail convenience outlet or potential repositioning for small-format professional services or boutique commercial needs. Investors and business owners will find the location accessible to both residents and commuters navigating the local thoroughfares. This asset offers a practical footprint for those looking to establish or expand a retail presence in the Meridian market.

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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

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