7338 Newell Road

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7338 Newell Road

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).

  • Retail convenience store property spanning 5,294 square feet of space.
  • Located at 7338 Newell Road within the Meridian, Mississippi market.
  • Property features a layout optimized for convenience store business operations.
  • Meridian serves as a key economic hub for the surrounding region.
  • Accessible location positioned for consistent customer traffic and regional visibility.

What's Special

Spanning 5,294 square feet, this retail convenience store located at 7338 Newell Road in Meridian, Mississippi, provides a functional footprint for commercial operations. Positioned in a region of the state that serves as a vital transportation and logistics hub, the property benefits from access to major regional thoroughfares. The local economy relies on a mix of industrial, healthcare, and retail sectors, making it a reliable environment for service-oriented businesses. This asset is well-suited for an investor seeking a convenience-focused retail site or an operator looking to establish a presence within the Meridian market. The configuration supports typical retail layout requirements, offering clear utility for daily consumer transactions. Prospective owners will find that the surrounding area features consistent regional activity, positioning the site to capture both local residents and regional commuters passing through this part of Lauderdale County. The building's layout allows for flexibility, catering to various retail business models looking to maximize visibility and convenience for their customer base.

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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