Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4600 Hardy St Hattiesburg, MS 39402

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7 SF/Yr

    Prime retail location with high traffic and anchor tenants.

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Chamberlan Carothers, Ccim, Cpm
    Source: Svn

    Listing Agent: Chamberlan Carothers, Ccim, Cpm

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

    Learn more

    Property Insight Report

    Overview

    Retail Space Near I-59

    This commercial property, located at 4600 Hardy Street, Hattiesburg, MS 39402, offers a leasing opportunity with high visibility and foot traffic. The property benefits from its location less than a quarter mile from the I-59 interchange and a traffic count exceeding 51,000 vehicles per day. Anchor tenants include Best Buy, Petco, and FedEx. The property is located a short distance from I-59, going west along Hardy St (Hwy 98) at the intersection of Hardy St and Coca Cola Dr. The property has a total size of 104365 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Panera Bread Take-out & Catering CYCLEBAR Gym & Fitness Center Planet Nutrition Hattiesburg Specialty Food Shop D-BAT Hattiesburg Arcade & Gaming Center The Hair Show Barber Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Arbor Shopping Center, Coinstar Kiosk | Bitcoin ATM, Pathway Candles and Gifts, Westwood Square, Kold Kutz (Barbershop)

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3581114
    Latitude
    31.3221505

    Nearby Similar for Lease

    • $2,500 /Mo
      1,384 SF

      Hattiesburg Office Space For Rent

      Comfortable office space in a prime Hattiesburg location.
      6218 Us 49, Hattiesburg, MS 39401
      View Details
    • $6,900 /Mo
      4,070 SF

      Class A Office Space

      Premier office space in Bellegrass, easily divisible, rent growth potential.
      10 Bellegrass Blvd, Hattiesburg, MS 39402
      View Details
    • $2,800 /Mo
      2,500 SF

      Hattiesburg Restaurant Ready for Business

      Fully equipped restaurant space available for lease in Hattiesburg, MS.
      6757 Us 49, Hattiesburg, MS 39402
      View Details
    • $3,000 /Mo
      66,920 SF

      Hattiesburg Warehouse Space For Lease

      Versatile warehouse and office space available along US Hwy 49.
      6633 Campbell Loop, Hattiesburg, MS 39401
      View Details
    • $1,400 /Mo

      Retail Space in Turtle Creek

      Retail space available in Hattiesburg's Turtle Creek Corner.
      5064 Hardy St, Hattiesburg, MS 39402
      View Details
    • $1,400 /Mo

      Retail Space in Turtle Creek

      Retail space for lease in Hattiesburg's Turtle Creek Corner.
      5064 Hardy St, Hattiesburg, MS 39402
      View Details
    • $450 /Mo
      146 SF

      Charming Hattiesburg Office Suites

      Remodeled office suites near downtown Hattiesburg, ideal for new businesses.
      610 Adeline St, Hattiesburg, MS 39401
      View Details
    • $1,800 /Mo
      1,300 SF

      Retail Space in Hattiesburg

      Retail space available for rent in Hattiesburg, Mississippi.
      2401-2405 Hardy St, Hattiesburg, MS 39401
      View Details
    • $2,000 /Mo
      1,150 SF

      Retail Space Available For Sublet

      Retail space available for sublet through mid-2027.
      508 Broadway Dr, Hattiesburg, MS 39401
      View Details
    • $700 /Mo
      500 SF

      Retail Space Available For Rent

      Retail space for rent in Hattiesburg, MS, 500 square feet.
      2118-2122 Oak Grove Rd, Hattiesburg, MS 39402
      View Details
    • $1,000 /Mo
      1,200 SF

      Office Space For Rent

      Office space available for rent in Hattiesburg, MS.
      1910 Hardy St, Hattiesburg, MS 39401
      View Details
    • $1,500 /Mo
      5,304 SF

      Retail Space in Hattiesburg

      Retail space available for lease in Hattiesburg, Mississippi.
      2002 W Pine St, Hattiesburg, MS 39401
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail location with high traffic and anchor tenants.
    Where is this shopping center located?
    The property is located at 4600 Hardy St Hattiesburg, MS.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Prime commercial property in Hattiesburg, MS.; - High visibility and foot traffic due to anchor tenants like Best Buy, Petco, and FedEx.; - Strategic location less than a quarter mile from the I-59 interchange.
    (601) 329-6692
    Request Owner's contact information
    4600 Hardy St Hattiesburg, MS 39402
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4600 Hardy St
    Hattiesburg, MS 39402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4600 Hardy St Hattiesburg, MS 39402
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chamberlan Carothers, Ccim, Cpm
    (601) 329-6692
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!