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Retail Space Near Interstate 55
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12 East Commerce St, Hernando, MS 38632

Retail space available near Interstate 55 in Hernando, Mississippi.

Days on Market249

Property Features for 12 East Commerce St

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency: The Shopping Center Group | Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 31 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shopping Center Group | Memphis

Investment Insights

Based on property information with market context.

Located on E Commerce St just west of Interstate 55 in Hernando, Mississippi, this retail space offers 7,200 square feet. The property is adjacent to Dollar Tree and Complete Home Center, providing established neighboring businesses. It features easy access to US Hwy 51 and Interstate 55. Hernando, the county seat of Desoto County, has experienced a 9.47% population increase since 2020. There are three major mixed-use developments currently under construction on McIngvale Rd at I-269. The new Hernando High School on 94 acres, which is expected to accommodate approximately 1,500 students, opened in August 2025. Traffic count on E Commerce St is 21,000 AADT.

Key Highlights

  • High traffic location: 21,000 AADT on E Commerce St.
  • Easy access to major highways: US Hwy 51 and Interstate 55.
  • 7,200 SF space available.

Property Analytics

Current Use

United States Postal ... Money Order Service Peace Of Mind Bookkeeping, ... Accounting Firm Tagify (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Big Box & Wholesale Store Furniture & Home Goods Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby

Demographics for 38632, MS

29,210
Population
12,073
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
162.3 sq mi
ZIP Area
180
Density / Sq Mi
$90,277
Median Household Income
$53,275
Median Earnings
$1,203
Median Rent
$287,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space available near Interstate 55 in Hernando, Mississippi.
Where is this strip mall located?
The property is located at 12 East Commerce St Hernando, MS.
What are key features of this property?
This property features: High traffic location: 21,000 AADT on E Commerce St.; Easy access to major highways: US Hwy 51 and Interstate 55.; 7,200 SF space available.
More about this property
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