3700 8th Street

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3700 8th Street

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 asset located at 3700 8th Street in Meridian
  • Property situated within the established regional trade hub of Mississippi
  • Asset offers immediate utility for ongoing retail and commercial operations
  • Building located in a high-visibility corridor serving the local community
  • Strategic position within the Lauderdale County commercial real estate market

What's Special

This retail convenience store is positioned at 3700 8th Street in Meridian, Mississippi. The property serves the local Meridian community, which functions as a key economic hub within East Mississippi. Known for its connectivity and regional trade presence, the area supports a steady flow of local traffic and commerce. Assets of this nature are well-suited for operators seeking to maintain a high-visibility retail presence in a functional suburban setting. The building configuration provides immediate utility for retail business activities or potential conversion to service-oriented commercial uses. Prospective owners benefit from the established accessibility of the 8th Street corridor, which links key residential and business nodes across this portion of Lauderdale County. Investors and operators looking for a foothold in the Meridian submarket will find this retail asset provides clear operational potential within an established municipal layout.

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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