Listing Agency: Matthews

Listed By: Maxx Bauman · License #CA 01996741

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:29AM

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Investment Insights

Based on property information with market context.

Steak 'n Shake retail space is offered for sale at 6155 US-98 in Hattiesburg, Mississippi. The property contains 3,700 SF and carries a reported 7.25% CAP.

Key Highlights

• 3,700 SF retail space
• Reported 7.25% CAP
• Located at 6155 US‑98, Hattiesburg, MS 39402

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tanning Salon

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

534

Businesses Nearby

654k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 34% Apparel 28% Shops & Services 21% Dining 9%

Target Superstores

115,622 visits/mo 0.3 miles

Sam's Club Superstores

106,607 visits/mo 0.4 miles

Academy Sports + Outdoors Apparel

89,742 visits/mo 0.2 miles

Ross Dress for Less Apparel

41,289 visits/mo 0.4 miles

Five Below Shops & Services

37,945 visits/mo 0.4 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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space offered for sale along US-98 in Hattiesburg.

Where is this retail space located?

The property is located at 6155 US-98 Hattiesburg, MS.

What are key features of this property?

This property features: 3,700 SF retail space; Reported 7.25% CAP; Located at 6155 US‑98, Hattiesburg, MS 39402