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  1. Retail Space
  2. MS
  3. Tupelo

205 E Troy St

For Lease 5,600 SF

205 E Troy St, Tupelo, MS 38804

This property is positioned within Tupelo’s highly sought-after Fairpark District, a vibrant mixed-use destination that anchors Downtown Tupelo’s ongoing urban renaissance. Widely regarded as one of the city’s most successful redevelopment projects, Fairpark blends commerce, culture, and community to create a thriving hub for dining, entertainment, and professional activity. Located just one block off Main Street and steps from the core of Downtown Tupelo, the property is surrounded by bustling restaurants, boutique retail, professional offices, hotels, and civic venues. Recent sidewalk enhancements have further elevated the area’s walkability and curb appeal, encouraging steady foot traffic throughout the district. Strategically situated less than 1 mile from U.S. Highway 45, the site also offers seamless regional connectivity—linking directly to major north-south travel corridors and enhancing accessibility for both local patrons and visitors across North Mississippi. With consistent foot traffic and exceptional visibility, this location positions operators for success in one of Tupelo’s most energetic and high-growth entertainment corridors.NAI UCR Properties is pleased to present this premier ±5,600 SF restaurant space for lease in the heart of Tupelo’s dynamic Fairpark District. As Tupelo’s highly successful urban-redevelopment project, Fairpark has evolved into the city’s primary center for dining, entertainment, and cultural experiences—drawing consistent foot traffic and serving as a destination for the entire extended trade area. Positioned just one block off Main Street and near the vibrant core of Downtown Tupelo, this property offers unparalleled visibility and accessibility. Recently enhanced sidewalks surrounding the property have elevated the area’s walkability and curb appeal, making it an inviting environment for patrons and fostering a true live-work-play atmosphere. A turnkey advantage awaits—this space comes fully equipped with all existing kitchen equipment and an in-place grease trap, providing operators a streamlined path to opening and significantly reducing startup costs and timelines. This rare opportunity offers operators the ability to establish or expand their brand presence in one of North Mississippi’s most energetic districts—surrounded by boutique retail, destination dining, event venues, hotels, and civic anchors.

Key features

  • ±5,600 SF fully built-out restaurant space
  • Ideal for full-service restaurant, upscale dining concept, or entertainment venue
  • Includes all kitchen equipment and existing grease trap
  • Located in Tupelo’s Fairpark District, a premier entertainment destination
  • One block off Main Street and near Downtown’s cultural core
  • Surrounded by high foot traffic from nearby retail, office, and hotels
  • Walkable, pedestrian-friendly environment with upgraded sidewalks

Rental Details

  • Number of spaces 1
  • Total square feet available 5,600 SF
  • For Lease $34.00/SF/YR
  • Space Type Restaurant
  • Lease Type NNN
  • Latest Update Oct 4, 2026
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1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Suite 100 - Restaurant Space Restaurant $34.00/SF/YR 5,600 SF 1st NNN

Suite 100 - Restaurant Space

Space Type

Restaurant

Lease Rate

$34.00/SF/YR

Additional Rent

Price on request

Total Space Available

5,600 SF

Floor

1st

Divisible Space

5,600 - 5,600 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Suite 100 - Restaurant Space

Space Type
Restaurant
Lease Rate
$34.00/SF/YR
Total Space
5,600 SF
Floor
1st
Lease Type
NNN
Space Type

Restaurant

Lease Rate

$34.00/SF/YR

Additional Rent

Price on request

Total Space Available

5,600 SF

Floor

1st

Divisible Space

5,600 - 5,600 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Contacts

broker
Alex Wilson, CCIM

NAI UCR Properties

Building Details

  • For Lease $34.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 53,934 SF
  • Units 2
  • Lot Size 0.27 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 230
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2018
  • Date Updated Oct 4, 2026

Location

  • City Tupelo, MS
  • Zip Code 38804
  • Map
  • Street
  • Walk score 57/100 Somewhat Walkable
  • Bike score 54/100 Bikeable
Powered by Walk Score ®

Points of Interest

Phillips 66

0.17 miles

Walmart

0.87 miles

Kroger

0.98 miles

Texaco

1.06 miles

Chevron

1.16 miles

ExpressShop

1.70 miles

Exxon

2.19 miles

Murphy Express

2.30 miles

Dodges Store

2.36 miles

Tesla Supercharger

3.82 miles

Loves' # 398 - Tupelo

6.67 miles

Walmart Neighborhood Market

0.79 miles

Kroger

1.07 miles

Todd's Bigstar

1.70 miles

Walmart Supercenter

2.34 miles

Barnes Crossing Mall

3.59 miles

Mall at Barnes Crossing

3.61 miles

Ross

3.86 miles

Kohl's

3.89 miles

ALDI

3.97 miles

Brooks Grocery

4.51 miles

Listing Summary

  • Retail Space Costs at 205 E Troy St

    The asking rent for retail space in this property starts at $34.00/SF/YR.

  • Property Characteristics

    This retail property is rated Class A based on its characteristics, amenities, and location. Located at 205 E Troy St, it was completed in 2018.

  • Retail Space Available

    The property exclusively contains Restaurant space totaling 5,600 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Alex Wilson, CCIM
broker
Alex Wilson, CCIM

NAI UCR Properties

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