Delaware West

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Delaware West

1211 Delaware Ave
McComb, MS

Price: $2,720,000

Cap: 8.00%

NOI: $217,541

Building Size: 54,450 SF

Lot Size: 3.1 AC

Investment Highlights

DELAWARE WEST SHOPPING CENTER

• The offering is a 54,450 square foot retail center Anchored by Harp’s Food Stores located in McComb, MS

• The center is 89% leased at an average rent of $5.65/SF

• Center is anchored by regional grocer Harp’s Food Stores

• Harp’s Food Store is the #1 most visited grocery store in McComb

HARP’S FOOD STORES

• The shopping center is 60% occupied by Harp’s Food Stores, a regional grocery store with locations in Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Mississippi

• Harp’s Food Store has over 140+ locations and this store carries a guarantee backed by all locations

• The grocery chain is in growth mode, and this location was a part of a seven store acquisition of “The Markets” throughout Mississippi and Louisiana.

WELL LOCATED WITHIN MARKET

• Positioned with frontage to Delaware Avenue (15,000 VPD)

• Just off I-55 (28,000 VPD)

• Next to Denman Junior Highschool & McComb High School

• 1-Mile from Southwest Mississippi Regional Medical Center | 160 Beds

Zach Taylor

678-808-2780 | EMAIL >

Eric Abbott

678-808-2746 | EMAIL >

OFFERING MEMORANDUM

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