Property profile

1000 Turtle Crk Dr Hattiesburg, MS 39402

OFF-MARKET
Retail space
Property ID
US50-0502763
72,716 SF 8.3 ac lot Built 1995
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail and mixed-use property, Turtle Creek Mall, presents a compelling investment opportunity in the thriving Hattiesburg, Mississippi market. Located at 1000 Turtle Creek Dr, Hattiesburg, MS 39402, this expansive property boasts a total of 845,946 square feet across eight single-story buildings situated on a generous 97-acre lot. Originally constructed in 1994 and extensively renovated in 2012, the mall offers a modern and well-maintained environment for tenants and patrons alike. The property features ample parking with 4,442 spaces, ensuring convenient access for shoppers and employees. Currently, there are seven available retail spaces ranging from 803 to 6,899 square feet, providing flexibility for various business types. The mall's diverse tenant mix includes over 80 specialty stores and restaurants, creating a vibrant and attractive shopping destination. The property is located in Lamar County and benefits from readily available power. This is a rare opportunity to acquire a significant retail asset in a dynamic and growing market. The scale and established presence of Turtle Creek Mall offer substantial potential for long-term growth and return on investment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction STEEL FRAME
Total area 72,716 SF
Lot 8.3 ac (361,548 SF)
APN 051M-11-003.000
UPID US50-0502763

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store
  • Hair Salon Nail Salon
  • Restaurant
  • Engraver Gift Shop

Location

1000 Turtle Crk Dr Hattiesburg, MS 39402-1145
Hattiesburg metro Census 20306 HATTIESBURG, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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