229 Frontage Rd Picayune, MS 39466
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.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.