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    2621 Lincoln Rd Hattiesburg, MS 39402

    For Lease
    $7 SF/Yr ($6,657 /Mo)

    Prime Forrest County Strip Mall, 3 Suites Available

    Lot size:
    10,011 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional single-story retail strip center, located at 2621 Lincoln Road in Forrest County, presents a compelling investment opportunity. The property boasts a total of 10,011 square feet across three individual suites, offering flexible space options for a variety of retail businesses. Currently, 1,200 square feet are available for lease, with individual suite sizes ranging from 750 to 1,655 square feet. This allows for both smaller boutique-style tenants and larger retail operations. The property sits on a sizable 0.72-acre lot, providing ample parking and visibility for tenants. The building's single-story design ensures easy accessibility for customers and staff. Its prime location in Forrest County offers excellent exposure to a thriving local market. The property's multiple tenancy structure provides a diversified income stream, making it an attractive investment for both seasoned and emerging investors. The existing infrastructure is well-maintained, minimizing immediate capital expenditure requirements. This is a rare opportunity to acquire a well-positioned retail property in a desirable location with immediate income potential and significant upside. The available space presents a chance to establish a strong presence in a busy commercial area. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Property Features for 2621 Lincoln Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,011 SF
    Total Rate
    6657.32

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 2615
    Size
    1,200 SF
    Rate per SF
    $8
    Space
    Suite 2623
    Size
    750 SF
    Rate per SF
    $10
    Space
    2625
    Size
    1,655 SF
    Rate per SF
    $7

    HighLights

    • Retail strip center totaling 10,011 square feet.
    • Three suites available, ranging from 750 to 1,655 square feet.
    • 1,200 square feet of vacant space.
    • Situated on a 0.72‑acre lot in Forrest County.
    • Single‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3300252
    Latitude
    31.3043295

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Forrest County Strip Mall, 3 Suites Available
    Where is this neighborhood center located?
    The property is located at 2621 Lincoln Rd Hattiesburg, MS.
    What is the lease rate?
    The lease rate is $7-$10 SF/Yr.
    What are key features of this property?
    This property features: Retail strip center totaling 10,011 square feet.; Three suites available, ranging from 750 to 1,655 square feet.; 1,200 square feet of vacant space.
    Request Owner's contact information
    2621 Lincoln Rd Hattiesburg, MS 39402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2621 Lincoln Rd Hattiesburg, MS 39402
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