Listing Agency: TSCG The Shopping Center Group Memphis h***@tscg.com Show Phone

Listed By: Jon Isbell · License #TN - 315420

Source: Crexi

Added: Mar 23, 2024 Changed: Jul 6 Last Checked: Jul 30 at 4:55AM

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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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This 70,957 square foot shopping center is located in Hernando, Mississippi, just off Interstate 55 on McIngvale Road, south of its intersection with East Commerce Street.

Key Highlights

• 70,957 SF shopping center
• Located just off Interstate 55
• On McIngvale Road

Property Analytics

Property Profile

Current Use

Stars In Motion Training Center iNails Spa Nail Salon Elite Eyecare Physician CLUB4 Fitness Hernando Gym & Fitness Center Verizon Telecommunications Service

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store HVAC Service Auto Parts 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Shopping center - 70,957 SF shopping center located off Interstate 55.

Where is this shopping center located?

The property is located at 2631 McIngvale Rd Hernando, MS.

What are key features of this property?

This property features: 70,957 SF shopping center; Located just off Interstate 55; On McIngvale Road