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Details: Retail
Asking Price: $3,900,000
Square Feet: 40,000 SF
Asking Cap Rate: 7.57%
Year Built: 1991
Year Renovated: 2018
NOI: $295,144
Lease Structure: Absolute NNN
1825 South Harper Road, Corinth, MS
INVESTMENT HIGHLIGHTS
• Harper Square is located on the primary retail corridor within the Corinth market
• Located at the lighted intersection of Lee Hwy & S Harper Rd
• Consumer spending within 5 miles expected to grow 9% in next 4 years
• 30,000 cars daily pass the center (23,300 on Lee Hwy & 7,300 on S Harper Rd)
• Regional trade area:
• Drawing from 9 county area
• Corinth is located on the TN state line. Sales tax in MS is 2% less than TN which encourages cross state shopping
• NNN leases with Aldi and Marshalls
• Landlord only responsible for roof and structure
• Harper Square was redeveloped in 2018
• Marshalls TTM Sales: $9,310,295 (as of October 31, 2025) • Hobby Lobby is adjacent to Aldi and Marshalls
• Newly renovated facades for Aldi and Marshalls
• New roof over the entire 40,000sf installed in 2018
• LED parking lot lights
• Parking lot in front of Marshalls has been resealed and restriped
• New pylon sign installed



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