3306 40th Avenue

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3306 40th Avenue

Meridian, MS 39307
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).

  • Convenience store property comprising 2,754 square feet of total space
  • Asset located at 3306 40th Avenue in Meridian Mississippi
  • Retail site positioned within an established commercial corridor of Meridian
  • Facility design supports high-turnover consumer retail or service use cases
  • Strategic location benefits from the regional economy of East Mississippi

What's Special

This retail convenience store measures 2,754 square feet and sits at 3306 40th Avenue in Meridian, Mississippi. Positioned within a well-established commercial corridor, the site benefits from the regional connectivity provided by proximity to major transit arteries in this East Mississippi hub. Meridian serves as a vital economic center for the surrounding area, supported by a diverse base of local industry and steady residential growth. The property layout is designed for high-turnover consumer traffic, making it well-suited for service-oriented retail operations or similar neighborhood-focused commercial uses. Investors and business owners looking for a footprint in this market will find the asset functionality aligns with standard convenience retailing requirements. The surrounding infrastructure supports consistent local activity, providing a stable environment for ongoing commercial operations in the Meridian submarket.

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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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