Retail Specialists, Inc. is pleased to present Parkside Plaza Shopping Center, a 112,945 square foot retail center situated on a 12.71 acres of land located in Laurel, Mississippi. The property is in good condition after significant upgrades by current owners and is priced at a conservative 9.5% CAP Rate on current income.
The center has only one small vacancy currently and there is upside from tenants paying percentage rent, below market rent, and a signed LOI with Smoothie King (not in current NOI) to ground lease an out parcel.
Please contact John Moss, owner agent with any questions. - Number of buildings: 1 - Building condition: Good - Tenancy: Multiple Tenants
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