Retail For Sale in 38804

Tupelo is located in the northeast corner of Mississippi, which is commonly known as the Hills region. With an estimated population of 38,300, Tupelo is the sixth-largest city in Mississippi and is considered a commercial, industrial, and cultural hub of North Mississippi. Tupelo is a dynamic southern city which has developed as strong tourism and hospitality sector. Tupelo has a deep connection to Mississippi's music history, being known as the birthplace of Elvis Presley and Diplo as well as the origin of the group Rae Sremmurd. The city is home to multiple art and cultural institutions, including the Elvis Presley Birthplace and the 10,000-seat Bancorp South Arena, the largest multi purpose indoor arena in Mississippi. Tupelo is the only city in the Southern United States to be named an All-America City five times, most recently in 2015. The Natchez Trace Parkway, one of America’s Top 10 National Parks, is headquartered in Tupelo, Mississippi – where the power of possibility helped turn a primitive trail into a national scenic treasure. Traveled by Native Americans over 8,000 years ago, the Natchez Trace Parkway spans 444 miles and reaches from Natchez, MS, to Nashville, TN. Tupelo Highlights • Named an All-America City by the National Civic League five times. • Best known as the birthplace of Elvis Presley. • The North Mississippi Medical Center is the largest non-metropolitan medical complex in America and Tupelo’s largest employer. • The Tupelo area is home to 17 Fortune 500 companies. *From TupeloMS.gov & Tupelo.net Brisky Net Lease is pleased to offer this lower rent/excellent price point Aldi in Tupelo, MS. Appreciate the Ground Lease structure with over fifteen years remaining and zero landlord responsibilities. It offers investors the opportunity to invest in a grocery store chain that is on track to be the third largest in the United States behind Kroger and Walmart. The newly remodeled store is located on a hard corner with a signalized intersection where it receives excellent visibility along a busy retail corridor. Adjacent to the property is The Mall at Barnes Crossing, Northeast Mississippi’s premier shopping destination, serving an average of 12 million shoppers annually. Tupelo is located in the northeast corner of Mississippi, which is commonly known as the Hills region. With an estimated population of 38,300, Tupelo is the sixth-largest city in Mississippi and is considered a commercial, industrial, and cultural hub of North Mississippi. Tupelo is a dynamic southern city which has developed as strong tourism and hospitality sector. Founded by the Albrecht family, the first ALDI store opened in 1961 in Germany, making ALDI the first discounter in the world. Headquartered in Batavia, Illinois, ALDI now has more than 2,100 stores across 38 states, employs over 25,000 people and has been steadily growing since opening its first US store in Iowa in 1976. Broker of Record: Bang Realty-Mississippi, Inc | Brian Brockman MS #21542

The property is well positioned on the primary commercial corridor of the high-density retail district of Tupelo, anchored by the super-regional Mall at Barnes Crossing. The mall plus other retail centers in the proximate area provide over 1.5 million square feet of retail space and restaurants. the district also includes 2 movie theaters among other entertainment venues making it a regional draw for an extended trade area estimated at over 200,000 people and 85,000 households. North Gloster Street, the prime retail corridor in the marketplace and boasts an average daily traffic volume of 21,000 vehicles. Immediate neighbors include Lowe's Home Improvement Warehouse, MALCO Theaters, Olive Garden, Starbucks, and Buffalo Wild Wings among others. Decorative split-faced block and metal veneer building with two tiered metal, gabled roof. Building could easily be subdivided. Great space for retail, restaurant, medical or office space. Includes 40 lined spaces. Zoned Regional Commercial. Neighbors include Renasant Bank, Sam's Club (across), Chicken Salad Chick among other restaurants, and an automatic car wash