MS
Rankin
Flowood
39232
5076 Lakeland Drive
5076 Lakeland Drive, Flowood, MS 39232
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Listing Type
Commercial/Industrial
Listing Status
active
17
$3,500,000

Home Details for 5076 Lakeland Drive

Price
$3,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2019
Lot size acres
2.89
County
Rankin
Garage
Days on site
12
MLS Listing#
4125360
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

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    Listing Courtesy: Real Broker - 228-471-5211
    Presented by: Jeff Hadley
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    EXIT NEW DOOR REALTY
    207 W. Jackson Street, Suite 201, Ridgeland, MS 39157
    Office
    601 488 3948
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