The Citizens Bank | 15 Yr Sale Leaseback | Flowood, MS

2845 Lakeland Drive, Flowood, MS 39232

Property Information

  • For Sale $3,441,138
  • Property Type Retail - Freestanding
  • Property Size 6,778 SF
  • Lot Size 1.07 Acre
  • Property Tenancy Single Tenant
  • Date Updated May 8, 2026

Description

Randall Commercial Group, LLC is pleased to present an exceptional sale-leaseback opportunity in Flowood, MS. The property will be leased back to The Citizens Bank of Philadelphia—a well-established Mississippi-based community bank founded in 1908 with multiple branches statewide—under a new 15-year absolute NNN lease commencing at closing, featuring 2% annual rent increases and five, 5-year renewal options. Situated at on high-traffic Lakeland Drive, with ~45,000 VPD (Source: MDOT), the branch offers prime visibility, accessibility, and exposure in Flowood's bustling retail/business district. As part of the rapidly growing Jackson metro area, it benefits from major nearby employers like BCBS of MS, Merit Health, plus big-box retailers (Walmart, Target, Academy Sports) and airport/corporate proximity—in central Mississippi's most dynamic market.Randall Commercial Group, LLC is pleased to present an exceptional sale-leaseback opportunity in Flowood, MS. The property will be leased back to The Citizens Bank of Philadelphia—a well-established Mississippi-based community bank founded in 1908 with multiple branches statewide—under a new 15-year absolute NNN lease commencing at closing, featuring 2% annual rent increases and five, 5-year renewal options. Situated at on high-traffic Lakeland Drive, with ~45,000 VPD (Source: MDOT), the branch offers prime visibility, accessibility, and exposure in Flowood's bustling retail/business district. As part of the rapidly growing Jackson metro area, it benefits from major nearby employers like BCBS of MS, Merit Health, plus big-box retailers (Walmart, Target, Academy Sports) and airport/corporate proximity—in central Mississippi's most dynamic market.

Highlights

  • Corporate Guarantee: Lease Guarantee from the banks publiclly traded holding company the Citizens Holding Company (OTCQX: CIZN)
  • Established Tenant: Sale-leaseback to a top 200 regional community bank with reported assets exceeding $1.4 billion and a history spanning over 100 years. The bank is an insured member of the FDIC
  • Long-Term Investment Opportunity: 15 Year Initial Term with Absolute NNN Lease Structure and Corporate Guarantee

Contacts

Port Campany

Randall Commercial Group

Location

Located at 2845 Lakeland Drive, Flowood, MS 39232, this property is part of the Flowood neighborhood and Jackson market.

Contact Listing Broker
Port Campany

Randall Commercial Group

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