For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Northwood Shopping Center is a ±60,638-square-foot neighborhood retail center located at 4180 Northview Drive and 4409-4487 North State Street in Jackson, Mississippi. The Property is ±97.69% occupied and generated approximately $402,000 in YE 2025 NOI, supported by a diversified tenant roster led by It’s Fashion Metro, Family Dollar, Sunnybrook Dentistry, and Rainbow. Situated on ±4.44 acres, the center includes 296 surface parking spaces, multiple access points, prominent signage, a ±1,400-square-foot vacancy, and potential outparcel development. Additional upside exists through lease-up, contractual rent increases, tenant renewals, and future mark-to-market opportunities. Approximately $321,000 of capital expenditures were completed from 2022 through June 2026 across exterior improvements, parking, roofing, plumbing, and building systems. Zoned C-3 General Commercial, the Property fronts N State Street with traffic of ±11,000 VPD and sits approximately 1.5 miles from I-55, providing convenient access throughout the Jackson MSA.
Due Diligence
Location
Jackson is Mississippi’s state capital and a major regional center for government, healthcare, education, retail, and professional services. Northwood Shopping Center is positioned ±1.5 miles from I-55 and approximately four miles from Downtown Jackson, with convenient access to UMMC, Jackson State University, established neighborhoods, and regional employment centers.
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
