98 Art Rd Hattiesburg, MS 39402
This 5,000 square foot retail building, located in the Gender Road Towne Centre shopping center in Franklin County, offers excellent visibility and accessibility. Built in 2003, the property sits on a 7.84-acre lot and features multiple tenancy options. Currently, the entire 5,000 square feet is vacant, offering a unique opportunity for a single tenant or the potential for division. Individual suites range from a minimum of 1,400 square feet to a maximum contiguous space of 3,600 square feet. Two prominent suites are available: a former Huntington Bank branch (3,600 sq ft) and a retail opportunity (1,400 sq ft), which can be combined for a total of 5,000 sq ft. Rental rates vary from $13.50 to $20 per square foot. The property benefits from a high-traffic location at the corner of Refugee Road and Gender Road, with strong co-tenancy including CVS, AutoZone, Wendy's, and a Kroger Fuel Center. The anchor tenant, Kroger Grocery, is also located within the Gender Road Towne Centre. The property's APN is 530-210806. This prime retail location presents a compelling investment opportunity. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.