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Retail Bay in Strip Plaza
For Lease
$18 SF/Yr

341 Wheeler Road, Hernando, MS 38632

COMMERCIAL - Hernando, MS

Property Size1,800 SF
Lot Size7.20 Acres
Days on Market332

Property Features for 341 Wheeler Road

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Subdivision Metes And Bounds
Standard status Active
APN 4086130000000200
Size 1,800 SF
Lot size 7.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT NW1/4 NE1/4
Tax Annual Amount 4055
Legal Description PT NW1/4 NE1/4

Building Details

Year built 2023
Listing Agency: Kaizen Realty
Listed By: Alexis L McNabb · License #S-52389
Added: Sep 4, 2025 Changed: Jul 24 Last Checked: Aug 1 at 5:06AM
MLS# 4124585

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Available for lease is a 1,800 SF retail/commercial bay within a strip plaza. The suite is positioned as part of a connected retail development and provides direct highway-facing exposure.

The property is located at 341 Wheeler Road in Hernando, Mississippi, on Hwy 51. Shared parking is available, and the location includes prominent signage along the highway. The bay is connected to an adjoining gas station, which helps support day-to-day storefront traffic from the surrounding area.

Key Highlights

  • High‑traffic location on Hwy 51 with excellent visibility.
  • Located in Hernando, one of the fastest‑growing towns in North Mississippi.
  • 1,800 SF commercial bay suitable for retail, office, or service businesses.**

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Restaurant Bakery

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Available for lease: a 1,800 SF retail/commercial bay in a strip plaza connected to an adjoining gas station.
Where is this storefront property located?
The property is located at 341 Wheeler Road Hernando, MS.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Hwy 51 with excellent visibility.; Located in Hernando, one of the fastest‑growing towns in North Mississippi.; 1,800 SF commercial bay suitable for retail, office, or service businesses.**
More about this property
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