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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

Harper Square

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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