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USAMSFlowood5076 Lakeland Dr
iHop-Flowood | Image 1
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$3,500,000

5076 Lakeland Dr, Flowood, MS

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 10000 sqft
Garage No
Maintenance Fees 
Taxes $25,452
Days Active 2
Approx. Age 2019
Avg. Price Per Sqft $350
MLS® Number 4125360

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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 detailsShow Description
MLS® Number4125360
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2019
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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