950 E County Line Road, Ridgeland, MS 39157

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Micah M.

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Building Details:

• Year Built: 2007

950 E County Line Road is aretail property for lease in Ridgeland, MS.

This retail strip center in Ridgeland, MS, is shadow-anchored by Lowe's and surrounded by national-credit big box and junior box retailers in a thriving County Line Road retail corridor. The center is 75% leased with long term leases to credit-worthy medical users. Being predominantly occupied by these medical-oriented tenants, this center is not subject to the typical economic risk that other retail centers face, due to medical demands being much more inelastic as a necessity than most retail centers which are shopped as luxuries. The center has the perfect mix of stability and upside: the majority is leased for 5 years or longer at high rents, while the one below market lease comes due in the Spring of 2017, which can be raised to realize an increase in overall value and income of the property.

• Lowe's Shadow-Anchored Center
• Located in a Thriving Retail Corridor surrounded by National Retailers
• Long Term Leases with National Credit Tenants
• Predominantly Medical-Related Tenants
• Upside in portion of the center having below market rents
• Vacancies are end-caps which lead to quicker absorption
• Recent Construction
• County Line Road a Central Hub for Jackson, MS area Commerce
• Jackson well located in Southeastern U.S.
• Easily Accessed by Interstate 55

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