Clinton Plaza Shopping Center

Clinton Plaza Shopping Center

200 Clinton Blvd
Clinton (Jackson MSA), MS

Price: $5,300,000
Cap: 9.00%
NOI: $477,356
Building Size: 96,857 SF
Lot Size: 8 AC

Investment Highlights

CLINTON PLAZA
• Clinton Plaza is a 96,857 square foot retail center located just outside the Mississippi’s capital city of Jackson
• The center is anchored by a consistently high performing Big Lots (NYSE: BIG)
• Located in a high traffic retail corridor
• Low Rental Rates | Avg. Rent $5.81/SF
• Priced below replacement cost | $58.02/SF
 
BIG LOTS | STRONG PERFORMANCE
• The shopping center is anchored by Big Lots (45% of GLA), a credit rated tenant reporting $5.65B in 2022 revenue
• Big Lots has been operating in this location for 18 years
• This is the #1 most visited Big Lots store in the Jackson MSA
• This location ranks as the # 3 location in the state of Mississippi
• Top 19% store in the country
 
HIGH TRAFFIC RETAIL CORRIDOR
• The center is ideally positioned in a robust retail corridor of Clinton
• Clinton Plaza has strong fundamentals and is positioned with access & signage to two major roads | US-80 & Clinton Boulevard (26,200 VPD)
• Other retailers along this corridor include Kroger, Home Depot, Walmart, Dollar General, CVS, Walgreens, Family Dollar, Advance Auto, O’Reilly, and more
 
STABLE SHOPPING CENTER WITH LOW RENTS
• History of Successful tenancy | Average tenant tenure of tenants signed before 2021: 17 years
• Leasing Momentum | Seller has executed 4 new leases in the last 3 years
• Low Rental Rates | Avg. Rent $5.81/SF
Zach Taylor
Eric Abbott
OFFERING MEMORANDUM

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