5215 Hwy 493

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5215 Hwy 493

Meridian, MS 39305
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Standalone retail property positioned in Meridian, Mississippi.
  • Located along the primary Hwy 493 commercial corridor.
  • Property is specifically zoned for restaurant operations.
  • Situated within an established regional economic hub.
  • The building features a flexible layout for food service.

What's Special

The restaurant property located at 5215 Hwy 493 in Meridian, Mississippi, stands as a prime candidate for food service operators looking to establish a footprint in this established commercial corridor. As a standalone retail asset, the site benefits from its position within a regional hub known for its transportation connectivity and steady local economy. The surrounding area supports a consistent customer base, making the location suitable for various dining concepts ranging from quick-service to casual sit-down establishments. Meridian serves as a vital economic center for the eastern portion of the state, benefiting from its history as a crossroads for major regional logistics and commerce. Investors and business owners will find this retail space well-positioned to leverage the consistent traffic flow moving through the Hwy 493 corridor. The layout offers functional square footage that can be adapted to accommodate modern kitchen workflows and dining room configurations to suit specific business requirements in the competitive hospitality 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