Retail Space with Shared Pickleball
For Lease
Contact for pricing
4501 Hardy Street, Hattiesburg, MS 39402
NNN terms apply; the available retail space includes a pickleball area that does not lease.
Space Size23,274 SF
Days on Market4172
Property Features for 4501 Hardy Street
General Information
Standard status
Active
Size
23,274 SF
Property subtype
LAND
Lease Type
NNN
Spaces For Lease
at 4501 Hardy Street
Westover Crossing Highest Traffic Count in Hattiesburg 63k!
$1,350/Mo
Size
23,274 SF
Type
LAND
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Ground lease.. "As Is". No restaurant permitted and site limited to a 1-story 2,500 sf building. Adjacent to Olive Garden/Longhorn and Microtel..... Other restrictions may apply.
Lease price is based on merits of the lease and subject to rent bumps
Contact us
Listing Agency:
London & Stetelman Realtors
(601) 268-8770
Listed By:
Andy D Stetelman
(601) 270-9933
Source:
Moodyscre
Added: May 13, 2015
Changed: Sep 12
Last Checked: Oct 12 at 8:02PM
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 Realtors
Investment Insights
Based on property information with market context.
For lease is a retail space within a shopping center setting, with use restrictions that limit some foods and require merchandise-focused operations. The suite is available under a mutually agreed Early Termination Agreement with the existing lessee.
The advertised space availability accounts for an existing non-leased pickleball area. The 21,130 square foot space includes 5,580 square feet of pickleball that does not lease.
Lease expenses are structured as NNN, including insurance at $0.37 per square foot, CAM at $0.74 per square foot, and taxes at $0.89 per square foot, for an estimated total of $1.90 per square foot. Please see the agent for additional use restrictions and to confirm the operating requirements for the incoming tenant.
The advertised space availability accounts for an existing non-leased pickleball area. The 21,130 square foot space includes 5,580 square feet of pickleball that does not lease.
Lease expenses are structured as NNN, including insurance at $0.37 per square foot, CAM at $0.74 per square foot, and taxes at $0.89 per square foot, for an estimated total of $1.90 per square foot. Please see the agent for additional use restrictions and to confirm the operating requirements for the incoming tenant.
Key Highlights
- NNN lease terms apply; estimated total additional costs listed as $1.90/SF (CAM $0.74/SF, taxes $0.89/SF, NNN insurance $0.37/SF).
- Available 21,130 SF retail space includes a 5,580 SF pickleball area that does not lease.
- Space availability is based on a mutual Early Termination Agreement with the existing lessee.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.74 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
426k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 25%
Electronics 8%
Groceries 7%
McDonald's
Dining
36,542 visits/mo
0.4 miles
Best Buy
Electronics
35,297 visits/mo
0.4 miles
Winn-Dixie
Groceries
30,861 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
25,869 visits/mo
0.4 miles
Olive Garden
Dining
23,938 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Hattiesburg, MS
$15.5 /SF/Yr
Avg Asking Price
$7–$23 /SF/Yr
Price Range
58,308 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - NNN terms apply; the available retail space includes a pickleball area that does not lease.
Where is this shopping center located?
The property is located at 4501 Hardy Street Hattiesburg, MS.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: NNN lease terms apply; estimated total additional costs listed as $1.90/SF (CAM $0.74/SF, taxes $0.89/SF, NNN insurance $0.37/SF).; Available 21,130 SF retail space includes a 5,580 SF pickleball area that does not lease.; Space availability is based on a mutual Early Termination Agreement with the existing lessee.
