607 US 51

Located on the west side of Highway 51 in Ridgeland, Mississippi - just south of W. Ridgeland Avenue.Located in Ridgeland, Mississippi just off of Highway 51 - Payne Realty is offering for sale this fully leased +/- 7,433 square foot strip center. This property is prominently fronting Highway 51 and is visible to close to 20,000 vehicles per day. The property is leased to Farrell Calhoun Paint Company, Lend Nation, and A-1 Check cashing. The in-place income represents an approximate cap rate of 7% and the advertised listed price is the most recent appraised price. Income / expense numbers are available upon buyers executing a confidentiality agreement - available upon request. Please call our office at 601-956-2020 for more information.