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144 Market Street, Flowood, MS 39232

Established retail destination with national tenants, substantial occupancy, and multiple suites available for lease-up.

Property Size263,852 SF
Days on Market26

Property Features for 144 Market Street

General Information

Standard status Active
Size 263,852 SF
Class A
Total Parking Spaces 1295
Property subtype Retail
Occupancy 95%
Investment Type Value Add

Additional Details

Anchor Co-Tenants Dick's Sporting Goods, Barnes & Noble, Michaels, Ulta, DSW

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: Cushman & Wakefield - Atlanta, Georgia
Listed By: Margaret Jones · License #GA 325517
Source: Crexi
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 29 at 2:25PM

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 Cushman & Wakefield - Atlanta, Georgia

Investment Insights

Based on property information with market context.

Built in 2009, this 263,852-square-foot shopping center combines an established tenant roster with available space for future leasing. Occupancy is 95%, with Dick’s Sporting Goods, Barnes & Noble, Michaels, Ulta, and DSW serving as the principal anchors. The center includes 10 vacant suites totaling 13,138 SF, creating immediate lease-up capacity within an operating retail environment.

The property is located at 144 Market Street in Flowood, Mississippi, at the intersection of Lakeland Drive and Old Fannin Road. Those roadways report traffic volumes of 45,000 VPD and 20,000 VPD, respectively. Nearby retailers include Lowe’s, Target, TJ Maxx, HomeGoods, Ross, Hobby Lobby, Kroger, and Best Buy, extending the surrounding retail presence.

Tenant retention is supported by 17 of 36 tenants maintaining occupancy for more than 10 years, while overall weighted average tenure is 11.2 years. Fourteen tenants have expirations without options during the next five years. Placer.ai reports 4.2 million annual visits, with visits up 14.1% since 2023.

Key Highlights

  • 263,852‑square‑foot shopping center built in 2009
  • 95% leased with Dick’s Sporting Goods, Barnes & Noble, Michaels, Ulta, and DSW
  • 10 vacant suites totaling 13,138 SF

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Storage Facility Kitchen & Bath Showroom Big Box & Wholesale Store

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

650
Businesses Nearby
97k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 78% Dining 18% Hotels & Casinos 4%
Academy Sports + Outdoors Apparel
75,441 visits/mo 0.5 miles
SONIC Drive In Dining
17,550 visits/mo 0.5 miles
Home2 Suites by Hilton Jackson Flowood Airport Area Hotels & Casinos
3,915 visits/mo 0.5 miles

Demographics for 39232, MS

9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
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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Similar Off Market Nearby

  • Market Street Flowood LP 144 Market St, Flowood, MS 39232
  • Lakeland Commons Lakeland Dr &, Old Fannin Rd, Flowood, MS 39232
  • Lakeland Commons LP 361 Ridge Way, Flowood, MS 39232
  • Dogwood Festival 120 Promenade Blvd, Flowood, MS 39232
  • Dogwood Festival Market 150 Dogwood Blvd, Flowood, MS 39232

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail destination with national tenants, substantial occupancy, and multiple suites available for lease-up.
Where is this shopping center located?
The property is located at 144 Market Street Flowood, MS.
What are key features of this property?
This property features: 263,852‑square‑foot shopping center built in 2009; 95% leased with Dick’s Sporting Goods, Barnes & Noble, Michaels, Ulta, and DSW; 10 vacant suites totaling 13,138 SF
More about this property
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