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Multi-Unit Office Building
For Sale
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Pending

115 Thornhill Dr, Hattiesburg, MS 39402

For sale office units with three spaces currently leased short-term on an annualized basis of $27K.

Days on Market112

Property Features for 115 Thornhill Dr

General Information

Standard status Pending
Property subtype Office
Listing Agency: London & Stetelman
Listed By: Andy Stetelman,SIOR,GRI · License #MS 8774
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 29 at 3:12PM

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 London & Stetelman

Investment Insights

Based on property information with market context.

This for-sale multi-unit office building includes a set of office units/spaces sized based on the tax map, with tenant occupancy already in place. Three units are leased short-term, producing an annualized rental amount of $27,000 based on the current short-term leases.

The property is located at 115 Thornhill Dr in Hattiesburg, Mississippi 39402.

The listed configuration is best understood as multiple office spaces within the building, with the current leasing providing measurable income while additional leasing and tenant mix opportunities may be possible subject to executed terms.

Key Highlights

  • For sale office units with three spaces currently leased short‑term
  • Annualized rental income of $27,000 based on currently leased spaces

Property Analytics

Current Use

Medicare Supplement Plans ... Insurance Agency Elite Care Agency ... Home Health Care Service Lawler Investigations Law Firm

Suggested Use

Top Pick Auto Parts Store Electrical Service Building Supply Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

Demographics for 39402, MS

44,633
Population
18,780
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
93.2 sq mi
ZIP Area
479
Density / Sq Mi
$71,254
Median Household Income
$41,552
Median Earnings
$1,183
Median Rent
$255,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - For sale office units with three spaces currently leased short-term on an annualized basis of $27K.
Where is this office units located?
The property is located at 115 Thornhill Dr Hattiesburg, MS.
What are key features of this property?
This property features: For sale office units with three spaces currently leased short‑term; Annualized rental income of $27,000 based on currently leased spaces
More about this property
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