Property Description

Positioned right on Lakeland Drive, this is a rare chance to own two modern commercial buildings in one of Flowood's most visible corridors. The property includes a ? 4,007-SF freestanding IHOP restaurant alongside a ? 6,000-SF three-unit retail center, all built in 2019 with separate utilities and high-clear ceilings. Together they offer ? 10,007 SF of space on ? 2.88 acres, with the flexibility to hold as one investment or sell the pieces separately down the road.Flowood sits in Rankin County, one of Mississippi's fastest-growing counties and Lakeland Drive is its lifeline. The highway carries around 45 K vehicles per day and recent retail investment comps along the corridor report 32 K-47 K cars daily. That traffic brings steady customers to the area's dense mix of national brands-nearby you'll find Target, Walmart, Best Buy, Kroger, Lowe's and more. The five-mile trade area is home to roughly 56 K-58 K residents and 33 K employees, with average household incomes over $113 K. In short, this is a prime retail node with strong demographics and high visibility.Whether you're completing a 1031 exchange or looking for a long-term cash-flow asset, this property offers a lot of upside. Two distinct buildings give you multiple exit strategies and potential for individual dispositions. Properties with this kind of exposure and flexibility don't come up often-call for the rent roll and full details

Property Features