Northwest Plaza - WMT Shadow Shopping Center

122 Northwest Plaza Drive, Senatobia, MS 38668

Property Information

  • For Sale $6,635,000
  • Property Type Retail
  • Property Size 50,900 SF
  • Units 16
  • Lot Size 5.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1998
  • Date Updated Sep 21, 2026

Description

Discover the vibrant opportunities of the Senatobia, MS area, located just a short drive from Memphis. As one of the nation's most dynamic retail markets, Memphis offers a diverse consumer base and a thriving economy, making it an ideal location for retail and street retail investors. The city of Senatobia offers many advantages for business owners & developers. The cost of living & for doing business runs well below regional & national averages. The city & state provide many financial & tax incentives for business owners to utilize. There is a steady workforce & customer base for the Northwest Plaza Shopping Center since it's located within easy walking distance from the main campus of Northwest MS Community College.50,900 Square-Foot Walmart Shadow Anchored Center Located in Memphis MSA, County Seat of Fast-Growing Tate County Excellent Physical Condition, Well Maintained Metal Standing Seam Roof Average Rent Just $10/SF, Well Positioned for Future Rent Growth Historically Low Vacancy Market, Excellent Historical Occupancy Priced Approx. 50% of Replacement Cost at $130/SF in High Demand, Growing Market Within Easy Walking Distance of Northwest MS Community College Campus

Contacts

Location

Located at 122 Northwest Plaza Drive, Senatobia, MS 38668, this property is part of the Senatobia neighborhood and Memphis market.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.