795 HwyPicayune, MS 39466

Property Details for 795 Hwy

Property size (Sq ft)

142,867 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

Picayune Place Shopping Center, located at 795 South Highway 43 in Picayune, Mississippi, presents a compelling investment opportunity. This single-story, 142,867 square foot shopping center sits on a 22.48-acre lot (APN: 6176140030601402) in Pearl River County (zip code 39466). The property boasts a strong location on the retail corridor of Pearl River County, serving a wide regional area including portions of Hancock County, St. Tammany Parish, and Washington Parish. Currently, there are 60,817 square feet of vacant space available, divisible into units ranging from a minimum of 1,798 square feet to a maximum contiguous space of 37,775 square feet. The center features a mix of soft goods and service tenants, demonstrating a history of stable occupancy. This property offers significant potential for growth and income generation, benefiting from its established presence and strategic location within a thriving market. The property is well-suited for a variety of retail uses and presents a unique opportunity for investors seeking a strong foothold in the Mississippi retail market. The center's established tenant base and high visibility along South Highway 43 provide a solid foundation for future success. This is a rare opportunity to acquire a substantial retail property in a high-demand area.

Location Insight

City

Picayune

County

Pearl River

State

Mississippi

Latitude

30.5045

Longitude

-89.6816

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