5076 Lakeland Drive, Flowood, MS 39232

• 10,000 sqft

Property Description

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

Listing Status:

Active

Date Added:

September 11, 2025 at 05:00AM

Listing Office:

Real Broker : 228-471-5211

Listing Agent:

Jeff Hadley : 601-951-5318

MLS ID:

4125360

Location

• Originating MLS: MLS United
• County: Rankin

Lot

• Zoning: A LOT 297.04 X 140.73 X 344.24 X 148.44 BEING APPROX 1.035 X IN SW4 SW4 & SE4 SW4G11-000044-00212

Financial

• Source: MLS United

This listing courtesy of Jeff Hadley, Real Broker