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4129 Mississippi 15 Laurel, MS 39440

For Sale
$1,700,000

29,620 SF storage facility with retail and billboard.

Property size:
29,620 SF

Property Features for 4129 Mississippi 15

General Information

Size
29,620 SF

Source: Kristen Asman Agent Kristen Asman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Investment Property in Laurel

This 29,620 square foot property in Laurel, Mississippi, features a storage facility, 10 fully leased retail spaces, and an on-site billboard. The retail tenants have an average tenancy exceeding 10 years, including Allstate Insurance. The property maintains an occupancy rate consistently over 90%. A large Normandy Apartment complex is located next door, and third-party management is in place. Laurel has a population of just under 20,000 people and an average household income of over $55,000. The property is located in the Hattiesburg Metropolitan Statistical Area (MSA), providing access to a population of over 170,000. Situated off Interstate 59, Laurel serves as a connection point between Hattiesburg and other major southern cities, offering access and visibility for businesses. Drive-by traffic amounts to 14,000 vehicles per day. The property is well-maintained and ideally located.
Location Intelligence

Current Use by Public Records

Strip malls

Map

City
Laurel
County
Jones
State
Mississippi
Longitude
-89.1116
Latitude
31.6875

FAQs

What type of property is this?
Strip mall - 29,620 SF storage facility with retail and billboard.
Where is this strip mall located?
The property is located at 4129 Mississippi 15 Laurel, MS.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - High Occupancy Rate: Consistently over 90% occupancy, indicating stable income.; - Reliable Retail Tenants: Average tenancy exceeding 10 years, including Allstate Insurance.; - Strategic Location: Serves the Hattiesburg MSA and benefits from 14,000 VPD drive-by traffic.
More about this property
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