1175 Third St Forest, MS 39074
This exceptional 19,700-square-foot retail property, formerly a Price Busters grocery store, is available for lease or sale in Forest, Mississippi. Located on East 3rd Street (US 80), a major thoroughfare with nearly 10,000 vehicles daily, this freestanding building offers high visibility and accessibility. The space is adaptable, allowing for lease of the entire building or division into smaller suites, with a minimum divisible space of 2,000 square feet. The property benefits from its strategic location in Forest, a city boasting a strong economy driven by major employers such as Raytheon Intelligence and Space, Tyson Foods, and Koch Foods, collectively employing thousands of workers. This prime location draws customers from a 20-mile radius, making it an ideal retail opportunity in East Central Mississippi. The building's versatile layout and prominent location present a unique chance to establish or expand a retail business in a thriving community. The property is currently vacant, offering immediate occupancy. The building's size and location make it suitable for a variety of retail uses, including restaurants and hardware stores.
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Price Busters Department Store
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Sullivan's Grocery Grocery & Convenience Store Food Market
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.