795 Hwy Picayune, MS 39466
- Lifestyle centers
- 142,867 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 795 Hwy
- Property size
- 142,867 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Picayune Place Shopping Center, located at 795 South Highway 43 in Picayune, Mississippi, presents a compelling investment opportunity. This single-story, 142,867 square foot shopping center sits on a 22.48-acre lot (APN: 6176140030601402) in Pearl River County (zip code 39466). The property boasts a strong location on the retail corridor of Pearl River County, serving a wide regional area including portions of Hancock County, St. Tammany Parish, and Washington Parish. Currently, there are 60,817 square feet of vacant space available, divisible into units ranging from a minimum of 1,798 square feet to a maximum contiguous space of 37,775 square feet. The center features a mix of soft goods and service tenants, demonstrating a history of stable occupancy. This property offers significant potential for growth and income generation, benefiting from its established presence and strategic location within a thriving market. The property is well-suited for a variety of retail uses and presents a unique opportunity for investors seeking a strong foothold in the Mississippi retail market. The center's established tenant base and high visibility along South Highway 43 provide a solid foundation for future success. This is a rare opportunity to acquire a substantial retail property in a high-demand area.
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
- Pearl River
- State
- Mississippi
- Longitude
- -89.6816
- Latitude
- 30.5045
