641 Highway 1 Greenville, MS 38701
This exceptional 3,234-square-foot retail space is ideally situated at 641 Highway 1 South in Greenville, Washington County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of businesses. The space offers ample room for a wide range of retail concepts, providing flexibility for customized layouts and operations. The property's location on Highway 1 South ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The modified gross lease structure offers predictable and manageable operating costs. This location boasts a strong commercial presence, with established businesses such as Best Value Rentals, Nails Pro, and A to Z Beauty already thriving in the immediate vicinity. This synergistic environment creates a vibrant and attractive retail hub, offering potential for increased customer traffic and brand recognition. The property is categorized as commercial retail and is available for lease at a competitive rate of $8 per square foot. The total building square footage is 3,234 square feet, all of which is currently vacant and available for lease. This presents a unique opportunity to establish a prominent retail presence in a thriving Greenville commercial district. Serious inquiries are encouraged to explore this exceptional retail space and its potential for immediate success.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.