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Cran Mart East
6086 Hwy 98, Hattiesburg, MS 39402
Last Verified 12/15/2009
Listing ID 16251422
Highlights
Excelent Redevelopment Opportunity- Super Wal-Mart & Sams Club Out Parcel
- Located in Extremely Dense Retail Coridor
- 40,000+ Car Per Day
- 82% Leased at $2 Below Market Rents
Description
The property is a 9 tenant strip center with approximately 8,560 Square Feet of net rentable area located in the highest shopping activity area in Hattiesburg, MS. The center was constructed approximately in 1994 and is adjacent to and the Main Entrance to the Sam' Club. This center is a shadow center to both Sam' s Club and the adjacent Wal-Mart Super Center. The property is situated on approximately .6053 acres with traffic counts of 40,000+ cars per day. The center is 82 % occupied with upside potential. The excellent location of this strip center makes it a candidate for a remodel to maximize the potential rent for the area. All the leases are Triple Net. The center consists of local tenants.
The property is located on the main east/west artery of Highway 98 in Hattiesburg, MS and just a few miles from the University of Southern Mississippi and a local Hospital. The University of Southern Mississippi is one of the largest institutions of higher learning in the state with over 17,000 students. This is a Wal-Mart Super Center and Sam' s Club Shadow Center with a traffic signal. Across the street is the Target, Old Navy, Petsmart, Bed, Bath & Beyond, Ross, Ashley Furniture.
Map of 6086 Hwy 98, Hattiesburg, MS 39402 (Lamar County)
Created 5/26/2009
Additional Information for 6086 U S Highway 98, Hattiesburg, MS 39402
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The information above has
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it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
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property to determine to your satisfaction the suitability of the property for your needs. TB-P