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Retail Shopping Center with Vacant Suites
For Sale
$1,450,000

641 Highway 1 South, Greenville, MS 38701

72% occupied center along Highway 1 South, anchored by Beauty Supply, Nail Pro, and Government Services, with lease-ready space available.

Property Size31,503 SF
Price / SF$46.03
Days on Market94

Property Features for 641 Highway 1 South

General Information

Standard status Active
Size 31,503 SF
Property subtype Street Retail
Occupancy 72%

Building Details

Building Size 31,503 SF
Tenancy Multi

Properties For Sale

at 641 Highway 1 South Contact us

641 Highway 1 South

Size
3,059 SF
Lease Type
Modified Gross
Contact us

645 Highway 1 South

Size
5,460 SF
Lease Type
NNN
Contact us
Listing Agency: NAI | Saig Company
Listed By: Brian Califf · License ##299669
Source: Thebrokerlist
Added: Jun 3 Changed: Sep 4 Last Checked: Sep 2 at 4:28PM

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 NAI | Saig Company

Investment Insights

Based on property information with market context.

This shopping center at 633-645 Highway 1 S includes 31,503 square feet and is currently 72% occupied. Anchors include three tenants: Beauty Supply, Nail Pro, and Government Services. Retail tenants occupy a portion of the center, and there is 8,742 square feet available for lease at below-market rents, located in suites 641 and 645.

The property sits along a key commercial corridor with established nearby retail including Pizza Hut, Old Miss, River City Furniture, and Walgreens. This tenant mix and surrounding draw support straightforward retail access and visibility for new or expanding businesses.

For buyers and brokers seeking a retail investment with immediate leasing flexibility, the center offers a defined vacancy in specific suites that can be marketed to retailers compatible with the existing tenant mix. Prospective tenants can also evaluate the currently occupied environment, with anchor presence from Beauty Supply, Nail Pro, and Government Services, while reviewing lease terms tied to the available suites 641 and 645.

Key Highlights

  • Retail center at 633‑645 Highway 1 S totaling 31,503 SF, currently 72% occupied
  • Anchored by three tenants: Beauty Supply, Nail Pro, and Government Services
  • 8,742 SF vacant and available for lease in suites 641 and 645

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

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

72%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
488
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Airgas Home Improvements & Furnishings
488 visits/mo 0.2 miles

Demographics for 38701, MS

21,051
Population
10,640
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
89.4 sq mi
ZIP Area
235
Density / Sq Mi
$36,998
Median Household Income
$33,976
Median Earnings
$790
Median Rent
$118,200
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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Frequently Asked Questions

What type of property is this?
Shopping center - 72% occupied center along Highway 1 South, anchored by Beauty Supply, Nail Pro, and Government Services, with lease-ready space available.
Where is this shopping center located?
The property is located at 641 Highway 1 South Greenville, MS.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Retail center at 633‑645 Highway 1 S totaling 31,503 SF, currently 72% occupied; Anchored by three tenants: Beauty Supply, Nail Pro, and Government Services; 8,742 SF vacant and available for lease in suites 641 and 645
More about this property
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