Property profile

229 Frontage Rd Picayune, MS 39466

OFF-MARKET
Retail properties & Spaces
33,400 SF
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Property summary

AI-generated overview

Picayune Plaza offers a prime retail opportunity within a thriving Walmart shadow center. This 33,400 square foot shopping center boasts a high-performing Walmart anchor, generating 2.9 million annual visits and drawing customers from Picayune and neighboring communities. The plaza shares a convenient entrance with the Walmart, ensuring exceptional visibility and consistent foot traffic for your business. Currently, 1,200 square feet of retail space is available, ideal for a variety of uses including retail, healthcare services, or a restaurant. Existing tenants include Dollar Tree and Hibbett Sports, further solidifying the center's appeal and attracting a diverse customer base. The plaza's strategic location is nestled within a cluster of complementary businesses, including restaurants, gas stations, car washes, banks, and local healthcare providers, creating a vibrant and convenient commercial hub. This location provides excellent access to a large customer pool and strong potential for business growth. The available space offers a unique chance to establish a presence in a high-traffic, well-established shopping center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 33,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

229 Frontage Rd Picayune, MS 39466
Picayune metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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