6052 Us-98 Hattiesburg, MS 39402
This exceptional investment opportunity presents a 3,500 square foot, newly constructed Aspen Dental property located at 6052 US-98, Hattiesburg, Mississippi. The property is situated on a 0.61-acre lot and benefits from a brand new 10-year triple-net (NNN) lease with Aspen Dental, the largest and fastest-growing network of branded dental offices globally. The lease features built-in rent escalations every five years. The tenant is responsible for all operating expenses, including common area maintenance (CAM), property taxes, and insurance. This is a low-maintenance, high-return investment with a strong cap rate of 6.23% and a current net operating income (NOI) of $147,000. The property's prime location on US Highway 98 (53,000 vehicles per day) is an outparcel of a Walmart Supercenter, adjacent to a newly constructed Aldi, and across from a Target-anchored power center. Hattiesburg's robust economy, driven by healthcare, education, and military sectors, provides long-term market stability. The city's rapid growth, ranking 16th nationally from 2016-2022, further enhances the investment's potential. The property is surrounded by over two million square feet of retail space, including major national retailers like Lowe's, Kohl's, Petsmart, Dick's Sporting Goods, TJ Maxx, Sam's Club, Academy Sports, Ulta, and Ross. The asking price is $2,359,550, representing a price per square foot of $674.16. This is a compelling investment opportunity in a thriving market with a recession-resistant tenant and a long-term lease.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.