121 Colony Crossing Way, Madison, MS 39110 (MLS# 4080093)

121 Colony Crossing Way, Madison, MS 39110

$2,750,000

Property Type: Commercial Sale Square Footage: 9,786 Lot Size (sq. ft.): 45,738 Status: Closed

Current Price: $2,750,000 List Date: 5/18/2024 Last Modified: 11/20/2024

Description

Once a small farming community, Madison, Mississippi is one of the fastest growing cities in the state and consistently recognized as one of the best places to live by various national publications. This premium location is at the heart of the state's highest household income. The high visibility, corner location is an outparcel of the Colony Crossing center at the intersection of Highway 463 and Highland Colony Parkway. Kroger anchored shopping center outparcel. Well-constructed and meticulously maintained property. Excellent visibility from major roadways. Signalized access to Highway 463. Ample parking with deeded shared parking. Long lease terms remaining with stable tenant mix.

More Information MLS# 4080093

Address and Location Information

Street Number: 121 Street Name: Colony Crossing Street Suffix: Way County: Madison State: MS Zip Code: 39110 Nearest Cross Street: Highway 463 at Highland Colony Parkway Parcel Number: 071a-01d-004-05-00 Community Of: N/A

Listing Information

Status: Closed List Date: 2024-05-18 List Price: $2,750,000 Current Price: $2,675,000 Property Sub Type: Retail Listing Service: Full Service

General Property Information

Approx Lot Size Acres: 1.05 Approx H/C SqFt: 9786 SqFt Source: Public Records List Price/SqFt: 281.01 Year Built: 2007 Year Built Source: Public Records Total Floors: 2 Accessibility Features: No

Tax and Financial Information

Tax Annual Amount: 34117 Tax Year: 2023 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: COLONY CROSSING AT MADISON LOT 5 PLAT CABINET D-110 BEING 1.02 ACC

Status Change Info

Contract Date/Pending Date: 2024-05-18 Closing Date: 2024-07-31 Sold Price/SqFt: 273.35

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Property Features

Business Type: General Business; Restaurant; Retail Current Use: Retail Commercial Features: Dumpster; Fire Sprinkler System Lot Features: Level Location: City Street; In Shopping Center; Paved; Shopping Mall; Strip Mall Cooling: Central Air Heating: Central Utilities: Electricity Available; Natural Gas Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Concrete Perimeter; Slab Listing Terms: Cash Exterior Features: Rain Gutters Flood Insurance: Unknown Available Documents: Brochure

Listing Office: Overby, Inc.

Listing Agent: Amanda Overby

Last Updated: November - 20 - 2024