Listed by NAI UCR Properties
$905,000
Snipes Shoe Store
Details
Property Type Retail
Sub Type Commercial
Square Footage 6,300
Cap Rate 7.82%
NOI $70,761
Lease Expiration 12/30/2030
Remaining Term 4.7
Year Built 2014
Acreage 0.900
Zoning C-2
Retail | 7.82% CAP | 6,300 SqFt
Marketing description
NAI UCR Properties is proud to present an exceptional retail investment opportunity at 113 John R. Lovelace Drive in Batesville, MS. This 6,300 SF Leased Snipes retail opportunity is situated on a ±0.90-acre corner lot and zoned C-2.
The property is strategically located just off Interstate 55, providing convenient regional access and strong commuter visibility. It sits directly across from Walmart and the local hospital, anchoring it in the heart of one of Batesville’s most active commercial corridors. Nearby retailers and service providers include national quick service restaurants, automotive services, medical offices, and neighborhood retail, driving consistent daily traffic to the area.
The site is also positioned along the primary corridor to University of Mississippi and the rapidly growing Oxford market, further strengthening its long-term retail demand profile.
With modern construction, excellent ingress and egress, and
proximity to dominant retail and healthcare demand drivers, this
asset offers a compelling opportunity for investors or owner-users
seeking long-term stability and upside in a proven trade area.
Investment highlights
- 6,300 SF building
- 4.75 +/- Year of Lease Term Remaining
- Located along the major corridor from both Jackson and Memphis to the City of Oxford, home to University of Mississippi.
- Roughly 15 miles from the City of Oxford
- Recently renewed lease indicating strong sales
- Positioned across from Walmart & the area's primary hospital (Progressive Health of Batesville)
- Landlord pays property taxes and insurance
- Landlord maintains HVAC system and roof
- Tenant maintains all other building systems
Listing Contacts
Listed by NAI UCR Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,761.00
$5,896.75/mo
Valuation Metrics
0
DSCR
7.82%
Cap Rate
7.82%
ROI
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