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4253 Robinson Road, Jackson, MS 39209

$2,560,000
Property Type: Commercial Sale Square Footage: 33,677 Lot Size (sq. ft.): 193,406 Status: Active
Current Price: $2,560,000 List Date: 3/15/2022 Last Modified: 3/15/2022

Description

PROPERTY OVERVIEW: Built in 1978, Piccadilly Square Shopping Center is prominently located on the highly travelled Robinson Road between Interstate 20 and MS Highway 80. Anchored by Piccadilly Cafeteria, a southern food tradition with forty restaurants and eighty food locations across the southeast and a corporate AT&T Store, the center offers convenient access with ample parking for a variety of national and local retailers. Recent improvements to the center include new GAF 45 mil TPO membrane roofs with fifteen year warranty in 2017 and new sidewalks and ADA parking enhancements in 2021. UPSIDE OPPORTUNITIES: Two in-line retail bays are currently available for lease including Suite 101 which has just been returned to a vanilla box by ownership. An additional 9,000+/- square feet of second floor space with elevator access was decommissioned by the current owners and not included in the center's current square footage calculation could easily be returned to leasable space.

More Information MLS# 4011671

Address and Location Information

Street Number: 4253 Street Name: Robinson Street Suffix: Road County: Hinds State: MS Zip Code: 39209 Parcel Number: 824-238-1 Subdivision: Metes And Bounds Community Of: N/A

Listing Information

Status: Active List Date: 2022-03-15 List Price: $2,560,000 Current Price: $2,560,000 Property Sub Type: Retail Listing Service: Limited Service New Construction: No

General Property Information

Approx Lot Size Acres: 4.44 Lot Size Dimensions: 193,406 Approx H/C SqFt: 33677 SqFt Source: Public Records List Price/SqFt: 76.02 Year Built: 1987 Year Built Source: Public Records Total Floors: 2 Fireplace: No Accessibility Features: No

Tax and Financial Information

Zoning: C2 Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Legal Description: BEG S/L DIXIE DR & W/L ROBINSON RD SW/LY 159 FT NW/LY 195.5 FT NE/LY 122.4 FT TO S/L DIXIE DR SE/LY 227 FT TO POB PT LOT 2 BLK A VAN WINKLE EST PT 1 & 31 FT X 122.4 FT N/W END & ADJ Complex Name: Piccadilly Square

Remarks & Miscellaneous

Public Remarks: PROPERTY OVERVIEW: Built in 1978, Piccadilly Square Shopping Center is prominently located on the highly travelled Robinson Road between Interstate 20 and MS Highway 80. Anchored by Piccadilly Cafeteria, a southern food tradition with forty restaurants and eighty food locations across the southeast and a corporate AT&T Store, the center offers convenient access with ample parking for a variety of national and local retailers. Recent improvements to the center include new GAF 45 mil TPO membrane roofs with fifteen year warranty in 2017 and new sidewalks and ADA parking enhancements in 2021. UPSIDE OPPORTUNITIES: Two in-line retail bays are currently available for lease including Suite 101 which has just been returned to a vanilla box by ownership. An additional 9,000+/- square feet of second floor space with elevator access was decommissioned by the current owners and not included in the center's current square footage calculation could easily be returned to leasable space.

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No
Listing Office: Overby, Inc.
Listing Agent: Scott Overby
Last Updated: March - 15 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.