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Classic Auction - Retail

Purple Creek Plaza

1189 East County Line Road, Jackson, MS 39211

  • Asset Type
  • Real Estate
  • Property Type
  • Retail
  • Land Area
  • 6.01 Acres
  • Year Built
  • 1991
  • Number of Floors
  • 1
  • Number of Buildings
  • 2
  • Parking Count
  • 326
  • Occupancy
  • 18.30%
  • Occupancy as of
  • Sep 01, 2020
  • Retail Type
  • Community Center
  • Anchor
  • No
  • Property Size
  • 81,626 Sq Ft

Big Box Backfill Offers Maximum Profit Potential | Purple Creek Plaza | Jackson, MS

Investment Highlights

VALUE-ADD OPPORTUNITY: Successful bidder can capture upside through lease-up of vacancy, including a 62,776-square-foot box formerly occupied by Academy Sports + Outdoors.  Ready to occupy with limited use restrictions.

PROFIT POTENTIAL: to acquire modern 1990-built property with excellent utility, generous parking, easy access, broad visibility, signage, high-quality construction in good condition and BELOW REPLACEMENT COST. This property appeals to a broad array of users.  All vacant spaces previously occupied and Immediately available to lease.

EAST COUNTY ROAD LOCATION: Property is less than one mile from Interstate 55, with excellent visibility on County Line Road, which sees more than 34,540 vehicles per day.

HISTORICAL EPI-CENTER OF RETAIL: Strategically positioned across from Northpark Mall, in the heart of Jackson's most established retail corridor. In close proximity to national retailers including: Walmart, Target, Home Depot, JC Penney, Belk, Dillards, Burlington, At Home, TJ Maxx, Marshall's and more.

STRONG DEMOGRAPHICS: 56,280 population with average household incomes of $75,180 live within a 3- mile radius of the Purple Creek Plaza.

JACKSON MSA: The city of Jackson is the Capital City and largest urban center in Mississippi. Major employers in the area include the State of Mississippi, University of Mississippi Medical Center, Nissan and Jackson State University.

Offering Details

Colliers International and RealINSIGHT Marketplace are pleased to present Purple Creek Plaza, a 81,626-square-foot community shopping located in the heart of an established retail corridor in Jackson, the Capitol City of Mississippi. The property has excellent visibility and easy access off East County Line Road (Traffic Count: 34,540 VPD), and is just one mile east of Interstate 55, a major north-south corridor that connects to New Orleans, Memphis, St. Louis, and Chicago.

Strategically located at the epicenter of Jackson's most established retail nodes, Purple Creek Plaza is surrounded by many national retailers, including: Walmart, Target, Home Depot, Marshalls, TJ Maxx, Target, Bed Beth & Beyond, At Home, Lowe's Home Improvement and others. Northpark Mall, home to 120 stores and anchored by Belk, Dillards, and JCPenney, is located directly across the street.

Purple Creek Plaza presents a significant value-add opportunity to achieve upside through lease-up of vacancy, including a 62,776-square-foot box formerly occupied by Academy Sports + Outdoors.

Disclaimer: 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.

Cooperating Broker Fee Available!

Cooperating brokers may be eligible for a 0.50% co-op fee if their client is the winning bidder. If you are a broker, click here to login and identify your client.

Platform Fee

Platform fee for this transaction is 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • William Head

    c/o Fisher Auction Company Inc.

    License: 892 Broker #: 19794