781 Hwy Picayune, MS 39466
- Retail properties
- 110,000 SF
Current Use by Public Records
- Retail properties
Property Details for 781 Hwy
- Property size
- 110,000 SF
- Property type
- Retail properties
Description
Picayune Place Shopping Center presents a unique investment opportunity in Hancock County. This single-story, 110,000 square foot retail center is situated on a 22.48-acre lot on Memorial Boulevard, the primary retail corridor of Pearl River County. Its strategic location ensures excellent accessibility to a broad customer base, encompassing all of Pearl River County, and extending into portions of Hancock County, St. Tammany Parish, and Washington Parish. Currently, there are multiple spaces available, ranging from a minimum of 1,798 square feet to a maximum contiguous space of 15,000 square feet; a total of 60,817 square feet is currently vacant. Notable spaces include a 15,000 square foot former Grand Furniture location, a 3,600 square foot former E-Smoke & Vapors space, and a 2,000 square foot former Fisher Cabinets space. Additionally, a 1,798 - 37,775 square foot space occupied by Resurrection Life Church will become available in June 2025, and a 2,442 square foot church storage space will also be available at that time. The center boasts a diverse tenant mix of soft goods and service businesses, demonstrating a history of stable occupancy. This property offers significant potential for growth and profitability within a well-established retail environment. The center is currently fully leased, with the aforementioned spaces becoming available in the near future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Picayune
- County
- Hancock
- State
- Mississippi
- Longitude
- -89.6816
- Latitude
- 30.5045
