NNN Shopping Plaza Investment Sale | New Albany, MS

For Sale

188-196 Starlyn Avenue, New Albany, MS 38652

This New Albany property for sale is located at 188-196 Starlyn Avenue. The current listed sale price for NNN Shopping Plaza Investment Sale | New Albany, MS is $2,417,000. NNN Shopping Plaza Investment Sale | New Albany, MS is situated on a lot that is 0.78 acre in size.

Contacts

broker

Brian Phillips, CCIM

Randall Commercial Group

(662) 638-0722

Property Details

  • Property Type Retail - Strip
  • Property Size 8,941 SF
  • Units 4
  • Lot Size 0.78 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2017
  • Date Updated Mar 15, 2024
Randall Commercial Group, LLC is pleased to present this outstanding multi-tenant shopping plaza in New Albany, Mississippi. The property is ideally located in the heart of the city, just off Interstate 22, only .8 miles from the Baptist Memorial Hospital - Union County. New Albany is nestled in the rolling hills of North, MS just an hour south of Memphis, ±40 minutes east of Oxford, ±30 minutes north of Tupelo. In 2011, Toyota Manufacturing made this market home to its state-of-the-art $1.4 billion manufacturing plant, producing all of North America's Toyota Corollas creating 4,000 local jobs. It has major companies, including one of the biggest Wal-Mart Distribution Centers and has been recognized as America's Best Southern Small Town by USA Today.Randall Commercial Group, LLC is pleased to present this outstanding multi-tenant shopping plaza in New Albany, Mississippi. The property is ideally located in the heart of the city, just off Interstate 22, less than one mile from the Baptist Memorial Hospital - Union County. The surrounding area features numerous national and regional tenants including Domino's, Burger King, Taco Bell, Walgreens, Walmart, Harbor Freight, Lowe's, Tractor Supply Co., and more. The plaza was built in 2017 and contains four tenants, each with a new NNN lease signed in early 2023.

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Highlights

  • 100% Leased Shopping Plaza with New NNN Leases
  • Recent (2017) Construction with Urgent Care & Dental End Caps
  • Located in a dense area with recognizable national tenants and Baptist Hospital
  • High-Traffic Corner Location just off I-22 Exit 61 - Excellent Visibility from Hwy 30
  • ±7.1 WALT with Replaceable Rent Rates and Personal Guarantees

Attachments

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Location

  • City New Albany, MS
  • Neighborhood New Albany
  • Zip Code 38652

Points of Interest

  • Shell

    0.13 miles

  • Exxon

    0.14 miles

  • Murphy USA

    0.26 miles

  • Chevron

    2.31 miles

  • Kangaroo Express

    2.51 miles

  • Huddle House

    0.16 miles

  • Burger King

    0.18 miles

  • Captain D's

    0.21 miles

  • KFC

    0.24 miles

  • Mi Pueblo Mexican Restraunt

    0.27 miles

  • Taco Bell

    0.30 miles

  • Pizza Hut

    0.39 miles

  • Wendy's

    0.40 miles

  • McAlister's Deli

    0.44 miles

  • Zaxby's

    0.53 miles

  • Walmart Supercenter

    0.27 miles

  • Stokes Super Market

    2.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Phillips, CCIM

Randall Commercial Group

(662) 638-0722