For Lease
$96/SF/YR

4000 Frontage RdVicksburg, MS 39180

Mississippi Shopping Center: High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
114
Vicksburg Commons, a 95,304 square foot retail center in Vicksburg, MS, presents a compelling investment opportunity. This single-story, 23-unit shopping center, built in 1995, sits on a 9.41-acre lot at 4000 S Frontage Rd, 39180. Currently boasting a 72.86% occupancy rate, the property offers immediate income potential with 25,870 square feet of vacant space available for lease. Five spaces are currently available, ranging from 1,500 to 8,510 square feet, providing flexibility for various retail tenants. The center benefits from a strong tenant mix of local and national service-oriented businesses, attracting a consistent customer base. Its strategic location near I-20 and US-80 ensures high visibility and accessibility, further enhanced by its proximity to major hotels, businesses, and cultural attractions. This prime location drives significant cross-traffic and consistent consumer demand, contributing to the property's stable cash flow and substantial growth potential through future leasing and market-rate adjustments. The property's single-building design simplifies management and maintenance, making it an attractive option for investors seeking a well-positioned, income-generating retail asset in a thriving Mississippi market.

Highlights

  • 95,304 SF single-story retail center on a 9.41-acre lot in Vicksburg, MS.
  • 72.86% occupancy with 25,870 SF of available space in five units ranging from 1,500 to 8,510 SF.
  • High-visibility location on S Frontage Rd, near I-20 and US-80, with strong co-tenancy and proximity to hotels.
  • Recent leasing activity shows strong post-COVID velocity, with approximately 64% of GLA having recently signed new leases.
  • 490 surface parking spaces and multiple entry points provide excellent accessibility.
  • Significant upside potential through lease escalations, staggered lease expirations, and potential outparcel development.

Property Details for 4000 Frontage Rd

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
95,304 SF
Year Built
1995
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space 4
Size
5,260 SF
Rate per SF
$96
Space
Available Space 5
Size
8,510 SF
Rate per SF
$96
Space
Available Space 3
Size
4,570 SF
Rate per SF
$96
Space
Available Space 2
Size
1,500 SF
Rate per SF
$96
Space
Available Space 1
Size
6,030 SF
Rate per SF
$96

Location Insight

City
Vicksburg
County
Warren
State
Mississippi
Latitude
32.3403775
Longitude
-90.8405126
4000 Frontage Rd, Vicksburg, Mississippi

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4000 Frontage Rd
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