855.375.4001
Listing Courtesy of: Jeff Hadley - Real Broker 228-471-5211
$3,500,000 affordable loan icon Calculate Payment

5076 Lakeland Drive Flowood, MS 39232

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Retail Residence
Beds
Baths
... Bed/Bath
10,000 Sq. Ft.

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Last updated on 12/21/2025 6:40 PM
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 Continue reading
MLS#
4125360
Property Type
Retail
Year Built
2019
Square Feet
10,000 sq. ft
Lot Size
2.89

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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Listing Courtesy of: Jeff Hadley - Real Broker 228-471-5211

Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of MLS United, LLC. IDX/RETS real estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer's personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2021 MLS United, LLC. All rights reserved.

This content last refreshed on 12/21/2025 6:40 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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