Contacts
Stan Falk
Lee & Associates
Property Details
- Property Type Retail
- Property Size 50,900 SF
- Units 16
- Lot Size 5.1 Acre
- Property Tenancy Multi-Tenant
- Year Built 1998
- Date Updated Aug 19, 2026
Discover the vibrant opportunities of the Senatobia, MS area, located just a short drive from Memphis. As one of the nation's most dynamic retail markets, Memphis offers a diverse consumer base and a thriving economy, making it an ideal location for retail and street retail investors. The city of Senatobia offers many advantages for business owners & developers. The cost of living & for doing business runs well below regional & national averages. The city & state provide many financial & tax incentives for business owners to utilize. There is a steady workforce & customer base for the Northwest Plaza Shopping Center since it's located within easy walking distance from the main campus of Northwest MS Community College.50,900 Square-Foot Walmart Shadow Anchored Center
Located in Memphis MSA, County Seat of Fast-Growing Tate County
Excellent Physical Condition, Well Maintained Metal Standing Seam Roof
Average Rent Just $10/SF, Well Positioned for Future Rent Growth
Historically Low Vacancy Market, Excellent Historical Occupancy
Priced Approx. 50% of Replacement Cost at $130/SF in High Demand, Growing Market
Within Easy Walking Distance of Northwest MS Community College Campus
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Getting around
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39/100
Walk Score ®
-
41/100
Bike Score ®
Powered by Walk Score ®
Location
- City Senatobia, MS
- Neighborhood Senatobia
- Zip Code 38668
- Market Memphis
Points of Interest
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Murphy USA
0.20 miles
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Shell
1.18 miles
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Pilot
1.26 miles
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Exxon
8.80 miles
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Taco Bell
1.07 miles
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McDonald's
1.10 miles
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Applebee's
1.15 miles
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Dunkin'
1.21 miles
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KFC
1.29 miles
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Wendy's
1.35 miles
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Walmart Supercenter
0.15 miles
Contact Listing Broker
Stan Falk
Lee & Associates