
Turnkey Restaurant & Strip Center Shell
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Ridgewood Crossing Shopping Center offers a vacant restaurant and retail strip center with potential for conversion into an event venue.
- Modern retail strip, added in 2009, provides an open layout and robust investor upside for leasing or conversion to an event venue.
- NorthPark Center is reachable in five mins and boasts 235 shops and restaurants, driving elevated customer traffic and demand to the surrounding area.
- Turnkey restaurant features high-end finishes, outdoor dining, and all furniture, fixtures, and equipment included.
- Prime location at a busy, signalized intersection with visibility to more than 17,000 vehicles passing daily.
- Northeast Jackson’s retail submarket boasts vacancies of 6.6%, YOY rent growth of 2.4%, and over $1B in consumer spending within a 5-mile radius.
RÉSUMÉ ANALYTIQUE
Discover the possibilities with this unique opportunity to reimagine a one-of-a-kind freestanding restaurant and a modern retail strip center at Ridgewood Crossing Shopping Center in Northeast Jackson, Mississippi, at 6109-6111 Ridgewood Road. Delivered vacant and situated just east of Interstate 55 and just south of County Line Road, this rare offer allows restaurateurs to claim a top position in the region’s premier dining and nightlife district. There is also significant leasing potential for value-add investors, with an added upside for expansion or conversion of the retail units.
The freestanding restaurant at 6111 Ridgewood Road was originally built in 2001 and comprises 8,200 square feet of turnkey space with high-end finishes and all furniture, fixtures, and equipment included in the sale. It boasts an eye-catching façade along with a spacious 1,500-square-foot outdoor dining area. Designed as an old-style draft house, the building’s interiors are defined by polished dark wood tables and bookshelves, gleaming brass fixtures, and intimate lighting. The spacious dining area has abundant seating as well as a large wood bar that is set up for 50 taps, and the full commercial kitchen has all the equipment, a large keg room, and an oversized pass-through window. Delivered in expertly maintained, move-in-ready condition, there is a significant opportunity for a new restaurant concept, with limited investment required by a new owner.
The contemporary retail strip at 6109 Ridgewood Road spans 5,612 square feet that was added to the center in 2009. The exteriors feature large glass storefronts with awnings and lighting, with strong signage potential. The space offers a mostly open layout in shell condition, accommodating a wide variety of potential tenants. There is also strong potential to convert the space for use as an event venue, serving the large entertainment and nightlife segments in the surrounding area.
Positioned at a high-traffic, signalized intersection within Northeast Jackson’s top commercial hub, the Ridgewood Crossing Shopping Center enjoys exceptional visibility to more than 17,000 vehicles passing the site each day. The surrounding area has numerous big-box retailers, national restaurant brands, and quality hotels. Additionally, Northpark Center is just five minutes away on County Line Road, offering one of the largest malls in the country with 235 retailers and restaurants and over $1 billion in annual sales. This robust collection of demand-driving shopping opportunities brings elevated customer traffic to the region, lending strength to a new restaurant at the subject property.
Northeast Jackson presents a strong leasing environment, with the local retail submarket displaying vacancies of just 6.6% while rents have grown 2.6% year-over-year, with an average growth of 4.3% annually over the past five years. An impressive demographic profile of potential customers within 5 miles of the Ridgewood Crossing Shopping Center further supports Northeast Jackson as a superior destination for retail business and investment. More than 89,000 residents and 9,600 businesses call the area home, producing a stable workforce and meaningful consumer spending of more than $1 billion during 2024.
Make a mark on Northeast Jackson with this flexible shopping center, combining a move-in-ready restaurant with beautiful finishes and a modern strip center with strong conversion potential for a new event venue at Ridgewood Crossing Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
The freestanding restaurant at 6111 Ridgewood Road was originally built in 2001 and comprises 8,200 square feet of turnkey space with high-end finishes and all furniture, fixtures, and equipment included in the sale. It boasts an eye-catching façade along with a spacious 1,500-square-foot outdoor dining area. Designed as an old-style draft house, the building’s interiors are defined by polished dark wood tables and bookshelves, gleaming brass fixtures, and intimate lighting. The spacious dining area has abundant seating as well as a large wood bar that is set up for 50 taps, and the full commercial kitchen has all the equipment, a large keg room, and an oversized pass-through window. Delivered in expertly maintained, move-in-ready condition, there is a significant opportunity for a new restaurant concept, with limited investment required by a new owner.
The contemporary retail strip at 6109 Ridgewood Road spans 5,612 square feet that was added to the center in 2009. The exteriors feature large glass storefronts with awnings and lighting, with strong signage potential. The space offers a mostly open layout in shell condition, accommodating a wide variety of potential tenants. There is also strong potential to convert the space for use as an event venue, serving the large entertainment and nightlife segments in the surrounding area.
Positioned at a high-traffic, signalized intersection within Northeast Jackson’s top commercial hub, the Ridgewood Crossing Shopping Center enjoys exceptional visibility to more than 17,000 vehicles passing the site each day. The surrounding area has numerous big-box retailers, national restaurant brands, and quality hotels. Additionally, Northpark Center is just five minutes away on County Line Road, offering one of the largest malls in the country with 235 retailers and restaurants and over $1 billion in annual sales. This robust collection of demand-driving shopping opportunities brings elevated customer traffic to the region, lending strength to a new restaurant at the subject property.
Northeast Jackson presents a strong leasing environment, with the local retail submarket displaying vacancies of just 6.6% while rents have grown 2.6% year-over-year, with an average growth of 4.3% annually over the past five years. An impressive demographic profile of potential customers within 5 miles of the Ridgewood Crossing Shopping Center further supports Northeast Jackson as a superior destination for retail business and investment. More than 89,000 residents and 9,600 businesses call the area home, producing a stable workforce and meaningful consumer spending of more than $1 billion during 2024.
Make a mark on Northeast Jackson with this flexible shopping center, combining a move-in-ready restaurant with beautiful finishes and a modern strip center with strong conversion potential for a new event venue at Ridgewood Crossing Shopping Center.
Property tours are by appointment only. Please contact the listing broker to schedule.
MÉMORANDUM D’INFORMATION Cliquez ici pour accéder à
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
ANALYSES DU MARCHÉ Cliquez ici pour accéder à
INFORMATIONS SUR L’IMMEUBLE
Condition de vente | Vente aux enchères | Nb de biens | 2 |
Type de propriété | Pleine propriété | Surface totale de l’immeuble | 1 283 m² |
Type de vente | Investissement | Surface totale du terrain | 1,53 ha |
Statut | Actif |
Condition de vente | Vente aux enchères |
Type de propriété | Pleine propriété |
Type de vente | Investissement |
Statut | Actif |
Nb de biens | 2 |
Surface totale de l’immeuble | 1 283 m² |
Surface totale du terrain | 1,53 ha |
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION |
---|---|---|---|
The Bulldog Restaurant
6111 Ridgewood Rd, Jackson, MS 39211 |
Local commercial | 762 m² | 2001 |
Ridgewood Crossing Shopping Center
6109-6111 Ridgewood Rd, Jackson, MS 39211 |
Local commercial | 521 m² | 2009 |
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CONSEILLER EN VENTE
Philip Holman, Senior Vice President, Sales & Leasing
En 1997, Philip Holman a rejoint The Mattiace Company en tant que spécialiste des ventes et du courtage. Ses responsabilités incluent le développement du commerce de détail, la sélection des sites et le courtage de détail, de bureau et d'entrepôt.
M. Holman a commencé sa carrière dans l'immobilier en 1993 en tant qu'évaluateur chez Realty Services à Jackson, dans le Mississippi. En 1994, il a rejoint Madison Realty Group en tant que courtier commercial associé. Pendant son séjour chez Madison Realty, il a occupé le poste de courtier commercial général dans les domaines des bureaux, du commerce de détail, des restaurants et des entrepôts, représentant à la fois des acheteurs et des vendeurs.
Il est ancien président de l'Association commerciale des agents immobiliers du Mississippi, ancien président et membre actif de la section du Mississippi de la CCIM, de l'Association agricole, commerciale et industrielle du Mississippi, membre de la National and Jackson Association of Realtors, membre fondateur de la division commerciale et d'investissement de l'Association des agents immobiliers du Mississippi et membre du Conseil international des centres commerciaux. M. Holman a été nommé agent immobilier commercial de l'année 2018 par la Mississippi Commercial Association of Realtors.
Il est diplômé de l'école d'administration des affaires de l'Université du Mississippi, avec une spécialisation en banque et en finance.
M. Holman a commencé sa carrière dans l'immobilier en 1993 en tant qu'évaluateur chez Realty Services à Jackson, dans le Mississippi. En 1994, il a rejoint Madison Realty Group en tant que courtier commercial associé. Pendant son séjour chez Madison Realty, il a occupé le poste de courtier commercial général dans les domaines des bureaux, du commerce de détail, des restaurants et des entrepôts, représentant à la fois des acheteurs et des vendeurs.
Il est ancien président de l'Association commerciale des agents immobiliers du Mississippi, ancien président et membre actif de la section du Mississippi de la CCIM, de l'Association agricole, commerciale et industrielle du Mississippi, membre de la National and Jackson Association of Realtors, membre fondateur de la division commerciale et d'investissement de l'Association des agents immobiliers du Mississippi et membre du Conseil international des centres commerciaux. M. Holman a été nommé agent immobilier commercial de l'année 2018 par la Mississippi Commercial Association of Realtors.
Il est diplômé de l'école d'administration des affaires de l'Université du Mississippi, avec une spécialisation en banque et en finance.
À PROPOS DE LA TECHNOLOGIE DES ENCHÈRES
Les enchères de Ten-X reposent sur une technologie de pointe pour les transactions en ligne dans le secteur de l’immobilier d’entreprise, ayant généré un total de plus de 34 milliards de dollars de transactions. Grâce à l’utilisation de cette technologie avancée et d’informations sur les actifs en temps réel, Ten-X positionne au mieux vos annonces pour trouver l’acquéreur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acquéreurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les brokers, les propriétaires et les investisseurs.
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CONTACT POUR LES ENCHÈRES
Amen Almukhtar
Contact
Licence du commissaire-priseur :
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
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VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
Barême de frais de transaction
Basée sur le pourcentage du montant de l’enchère gagnante.
Montant de l’enchère gagnante
Frais de transaction
$0m to < $1m
5.00% ($20,000 min)
$1m to < $3m
3.00%
$3m to < $5m
2.50%
$5m to < $10m
2.25%
$10m to < $15m
2.00%
$15m to < $25m
1.75%
$25m to < $35m
1.50%
$35M to < $45M
1.00%
$45M to < $55M
0.75%
$55M and Up
0.50%
Exemple de calcul
Montant de l’enchère gagnante
$4,000,000
Frais de transaction
$100,000 (2.5%)
Prix d’achat total
$4,100,000
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Turnkey Restaurant & Strip Center Shell
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Turnkey Restaurant & Strip Center Shell
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