6051 Us-98 Hattiesburg, MS 39402
4,654 SF Multi-Tenant Shopping Center
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,142,000 asking price for a 4,654 SF multi-tenant retail shopping center in Hattiesburg, MS.
- 7% cap rate with a $79,960 NOI and 100% occupancy.
- Value-add opportunity with potential for gross-to-net lease conversion and rent growth.
- Prominent outparcel location with cross-access to Kohl's and Turtle Creek Mall, situated on a high-traffic thoroughfare (36,000 VPD).
- Strong demographics, including proximity to the University of Southern Mississippi (13,000+ students) and two large hospitals (750+ beds).
Property Details for 6051 Us-98
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 4,654 SF
- Year Built
- 1989
- Buildings
- 1
- Lot Size (sq. ft)
- 16,117 SF
Location Insight
- City
- Hattiesburg
- County
- Lamar
- State
- Mississippi
- Latitude
- 31.3227179
- Longitude
- -89.377845
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - 4,654 SF Multi-Tenant Shopping Center
- Where is the lifestyle center located?
- The property is located at 6051 Us-98 Hattiesburg, MS.
- What is the asking price?
- The asking price for this property is $1,142,000.
- What are key features of this property?
- This property features: $1,142,000 asking price for a 4,654 SF multi-tenant retail shopping center in Hattiesburg, MS.; 7% cap rate with a $79,960 NOI and 100% occupancy.; Value-add opportunity with potential for gross-to-net lease conversion and rent growth.
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