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350 John R Junkin Dr
Natchez, MS 39120

Self-Storage Conversion Site Along US 425 · Retail Property For Sale

Investment Highlights

  • 350 John R Junkin Drive presents an extremely attractive, shovel-ready conversion opportunity along a major thoroughfare in Natchez, Mississippi.
  • Critical pre-development items, including zoning, building plans, construction costs, parking, signage, and management, have been considered.
  • Located along US 425, the property is visible to and accessible by the most trafficked road in Natchez, seeing 21,000 vehicles per day.
  • Current ownership has completed extensive amounts of work to create this unique offering to develop an expansive, Class A self-storage facility.
  • Self-storage is a resilient, high-performing asset class that repeatedly outperforms given its month-to-month ability to move existing rental rates.
  • Very limited existing climate-controlled self storage exists within the market, including only one REIT-managed store.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Retail
Building Size
85,415 SF
Building Class
C
Year Built
1979
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
3.41 AC
  • Listing ID: 30346567

  • Date on Market: 2023-12-12

  • Last Updated:

  • Address: 350 John R Junkin Dr, Natchez, MS 39120

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