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5076 Lakeland Drive, Flowood, MS 39232

$3,500,000
  • 5076 Lakeland Drive, Flowood, MS 39232 Main Photo

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Active
SQUARE FEET10,000 MLS#4125360
STATUSActive PROPERTY TYPECommercial - Retail

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

5076 Lakeland Drive | MLS# 4125360

This commercial property located at 5076 Lakeland Drive, Flowood, MS 39232 is currently listed for sale with an asking price of $3,500,000. Search Flowood real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 2.89 Acres
Taxes: $25,452
Year Built: 2019

Feature Descriptions

Days on Site: 172
Parcel#: G11-000044-00212

Listed By / Shown By

Listed By

Agency Name: Real Broker

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: MLS United MLS

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