Listing Agency: The Smith Group Realty t***@gmail.com Show Phone

Listed By: Michelle Leleux · License #52556 Show Phone

Source: Exprealty

Added: Jan 8 Changed: Oct 14 Last Checked: Oct 14 at 11:49PM

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Investment Insights

Based on property information with market context.

This 1,500-square-foot retail space is located next to Walmart and provides a commercial storefront setting for retail operations. The property sits just off Hwy 43 S, offering access to an established retail destination in Picayune, Mississippi.

The address is 1407 Armand Dr, Picayune, MS. The location and proximity to Walmart provide clear orientation for customers and visitors seeking the property.

Key Highlights

• 1,500‑square‑foot commercial retail space
• Next to Walmart
• Just off Hwy 43 S

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Auto Repair Shop Pet Store Restaurant Discount Store Bed & Breakfast

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

$2.52 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

901

Businesses Nearby

Explore this area Business Placement

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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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space positioned beside Walmart with convenient access from Hwy 43 S.

Where is this retail space located?

The property is located at 1407 Armand Dr Picayune, MS.

What is the lease rate?

The lease rate is $2,100/Mo.

What are key features of this property?

This property features: 1,500‑square‑foot commercial retail space; Next to Walmart; Just off Hwy 43 S