Former Rite Aid Pharmacy

1069 Highway 51 North Madison, MS 39110

1069 Highway 51 North, Madison, MS, 39110
1069 Highway 51 North, Madison, MS, 39110 1069 Highway 51 North, Madison, MS, 39110 1069 Highway 51 North, Madison, MS, 39110 1069 Highway 51 North, Madison, MS, 39110
FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
Jul 21, 2022


Description

Once a small farming community, Madison, Mississippi is one of the fastest growing cities in the state and consistently recognized as one of the best places to live by multiple national publications and websites. This premium location is at the heart of the state's highest household income. The high visibility, corner location at the intersection of Highway 463 and Highway 51 features convenient and easy access and ample parking.

Location Description

Building Size: 19642sq ft
Lot Size: 3.05 acres

Units for Lease

Former Rite Aid Pharmacy
Space Available: 12432 SF
Lease Type: NNN

Price Per Sqft/Month: $17.00
Former OneMain Financial
Space Available: 1435 SF
Lease Type: NNN

Price Per Sqft/Month: $21.00
Former Donut Shop
Space Available: 1435 SF
Lease Type: NNN

Price Per Sqft/Month: $21.00

Map of 1069 Highway 51 North, Madison, MS, 39110

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.