5076 Lakeland Drive, Flowood, MS 39232

sale $3,500,000 | Retail

Courtesy Of Real Broker LLC

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 +/-4,007SF freestanding IHOP restaurant alongside a +/-6,000SF threeunit retail center, all built in 2019 with separate utilities and highclear ceilings. Together they offer +/-10,007SF of space on +/-2.88acres, 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 fastestgrowing counties and Lakeland Drive is its lifeline. The highway carries around 45K vehicles per day and recent retail investment comps along the corridor report 32K-47K cars daily. That traffic brings steady customers to the area's dense mix of national brands-nearby you'll find Target, Walmart, BestBuy, Kroger, Lowe's and more. The fivemile trade area is home to roughly 56K-58K residents and 33K employees, with average household incomes over $113K. 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 longterm cashflow 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

Age: 6-10 Years Old
Legal Description: A LOT 297.04 X 140.73 X 344.24 X 148.44 BEING APPROX 1.035 X IN SW4 SW4 & SE4 SW4
MLSID: 4125360

CENTURY 21 David Stevens Inc.

p: 601.924.7552

701 Highway 80 West

Clinton, MS 39056