5145 39 N Highway

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5145 39 N Highway

Meridian, MS 39305
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 located on Highway 39 North in Meridian.
  • Retail asset situated within the 39305 zip code area.
  • Strategic position offers high visibility for retail customer traffic.
  • Functional layout suitable for standard convenience and grab-and-go operations.
  • Meridian serves as an established commercial hub in East Mississippi.

What's Special

Operators seeking a strategic retail presence in Meridian will find this convenience store asset positioned for high visibility and accessibility along Highway 39 North. The location serves as a critical junction for commuters and local residents navigating the 39305 zip code, benefiting from the consistent flow of traffic characteristic of this corridor. The property layout supports typical convenience retail operations, allowing for fuel services, grab-and-go food sales, and beverage distribution. Meridian serves as a significant commercial hub in East Mississippi, providing a steady customer base for essential retail services. Investors and business owners looking to expand their footprint in a functional retail space should evaluate the utility of this site, which is situated to capitalize on local transit patterns and community demand. This retail asset represents a tangible opportunity to establish or grow a specialized store within a well-trafficked sector of the city.

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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